Carolina


Status: Paying Back

$700.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Carolina
Location: Ccorao, Peru
Activity: Cereals

About the Loan

Loan Amount: $700.00
Loan Use: To buy more grains to sell
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 27, 2009
Date Disbursed: Oct 22, 2009
Date Funded:Oct 27, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8600 PEN = 1 USD



Our client is Carolina. She is part of a communal bank consisting of 15 neighbors who live in Ccorao, a town 30 minutes from Cusco. The group is called Reynita de Belen de Ccorao, named after a virgin of Peru. She is from Ccorao. She is 48 years old and married with three children who are studying.

She sells grains like quinoa, wheat, etc., in Huacaro and San Jeronimo, two areas of Cusco. She buys grains from wholesalers in San Jeronimo and communities in Pisaq. She sells approximately 150 soles worth of goods every week, which equates to $52 each week. She has been working with Arariwa, a Kiva partner, for six years and feels that Arariwa helps her and her family.

Carolina appreciates and thanks you for the loan and promises to pay the monthly payments on time.

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Journal entries for Carolina


Loan has been disbursed
 
Entrepreneur: Carolina
Location: Ccorao, Peru

Thank you for your loan. It has been disbursed to Carolina by Asociación Arariwa in Peru. We are excited to watch this business grow. Over the 5 months of this loan, Asociación Arariwa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ccorao, Peru
Oct 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Carolina

  Expected Repayments Actual Repayments Comments
January 2010 $105.53 Available Jan 1  
February 2010 $109.76 Available Feb 1  
March 2010 $114.14 Available Mar 1  
April 2010 $118.72 Available Apr 1  
May 2010 $123.46 Available May 1  
June 2010 $128.39 Available Jun 1