Genith Grandez Maynas


Status: Paying Back

$525.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Genith Grandez Maynas
Location: Pucallpa-ucayali, Peru
Activity: Cosmetics Sales

About the Loan

Loan Amount: $525.00
Loan Use: Investment in beauty products for resale
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 1, 2009
Date Disbursed: Oct 5, 2009
Date Funded:Nov 3, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8850 PEN = 1 USD



Genith is an active and persevering businesswoman. She lives in the city of Pucallpa, located in the Ucayali region. She is 31 years old and has three young children. She sells beauty products through catalogs and her husband is a laborer. She has been affiliated with the communal bank, “Las Solteritas” (The Young Single Women) for the past two years. Her first loan was for 300 PEN (~$100 US) which she used to invest in colognes and baby powders.

She needs a loan for 1,500 PEN ($525 US) which she will invest in other beauty products, such as perfumes, creams, talcs, and other products which she will sell to her customers. Genith’s goal is to have a good selection of products in order to advance her business.

Translated from Spanish by Hugo Reyes, Kiva Volunteer


Genith es una socia activa y perseverante, vive en la ciudad de Pucallpa, región de Ucayali, tiene 31 años, es madre de tres hijos menores de edad, ella se dedica a la venta de productos de belleza por catálogos, su esposo es obrero. Forma parte del Banco Comunal “Las Solteritas” desde hace dos años, ella empezó con un crédito de 300 soles que le permitió invertir en colonias y talcos para bebes.
Ahora necesita un crédito de 1500 soles que será invertido en la compra de productos de belleza como perfumes, cremas, talcos, y otros, para luego ser vendidos a sus clientes. La meta de Genith es llegar a tener un bazar bien surtido y salir adelante en su negocio.

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Journal entries for Genith Grandez Maynas


Loan has been disbursed
 
Entrepreneur: Genith Grandez Maynas
Location: Pucallpa-ucayali, Peru

Thank you for your loan. It has been disbursed to Genith Grandez Maynas by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the 6 months of this loan, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa-ucayali, Peru
Nov 4, 2009
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Kiva Help Repayment Schedule for Genith Grandez Maynas

  Expected Repayments Actual Repayments Comments
January 2010 $87.50 Available Jan 1  
February 2010 $87.50 Available Feb 1  
March 2010 $87.50 Available Mar 1  
April 2010 $87.50 Available Apr 1  
May 2010 $87.50 Available May 1  
June 2010 $87.50 Available Jun 1