Manos Telarañas Group


Status: Paying Back

$675.00   Loan Amount
0% repaid

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Manos Telarañas Group
Group Members: ROCIO RIVAS DIAZ DE ATUNCAR
SILVANA CRUZ REAÑO DE CANCHUCAJA
SUSY MARLENE CASTRO BARTUREN
HERLINDA LOPEZ QUISPE
MARIANA GISELA MUÑOZ APARES
ADA SARAI OSORIO BALBOA
IRIS DEL PILAR RAMOS LOPEZ
Location: Location Undisclosed, Peru
Activity: Weaving

About the Loan

Loan Amount: $675.00
Loan Use: Buy knitting materials
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Oct 28, 2009
Date Funded:Nov 1, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9000 PEN = 1 USD




Mrs. Silvana Cruz Reaño de Canchucaja is 52 years old and married with two children, both of whom are in college. Silvana makes knitted outfits, as do the six other members of the Manos Telarañas ("Spiderweb Hands") Group.

Four years ago, she got started in sales at a commercial center, which wasn't very profitable, so she decided to set up a space in her home where she could sew her own clothing. She started out sewing, but found that there were slow seasons, primarily in winter, so she decided to take advantage of that season to make hand-knit clothing. She enjoys traveling, and her work has allowed her to get to know different parts of the country. Her dream is to open her own boutique.

The requested loan will be used to buy merchandise for the Christmas season. She will buy more material to work with, like yarn to knit t-shirts and bolero tops for the summer season, and buttons to start knitting items for the Christmas season.

Translated from Spanish by Cynthia McMurry, Kiva Staff


LA SRA. SILVANA CRUZ REAÑO DE CANCHUCAJA, es casada de 52 años de edad, tiene 2 hijos estudiantes universitarios.
La Sra.Silvana se dedica a la elaboración de prendas de vestir de tejido,al igual que las otras 6 intregrantes del Grupo "Manos Telarañas"

Hace 4 años,inició vendiendo en un centro comercial,lo cual no le daba muchas ganancias, fue asi que se animó a acondicionar en un espacio de su casa un lugar para confeccionar sus propias prendas, inició con la costura, pero eso tiene sus temporadas bajas como en en invierno, y luego incursiona en el trabajo de tejidos a mano aprovechando ésta estación.
Le gusta mucho viajar y su trabajo le ha permitido conocer algunos lugares del país. Su sueño es tener una boutique propia.
El prestamo solicitado lo invertirá en la compra de mercadería para la campaña navideña. Va a comprar sus materiales de trabajo, es decir hilos para preparar boleros y politos para la estación de verano, botones y así preparar un stock de prendas para iniciar su campaña navideña.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Manos Telarañas Group


Loan has been disbursed
 
Entrepreneur: Manos Telarañas Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Manos Telarañas Group, consisting of ROCIO RIVAS DIAZ DE ATUNCAR, SILVANA CRUZ REAÑO DE CANCHUCAJA, SUSY MARLENE CASTRO BARTUREN, HERLINDA LOPEZ QUISPE, MARIANA GISELA MUÑOZ APARES, ADA SARAI OSORIO BALBOA, IRIS DEL PILAR RAMOS LOPEZ by EDAPROSPO in Peru. We are excited to watch this business grow. Over the 3 months of this loan, EDAPROSPO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Peru
Nov 2, 2009
Comments (1)

Kiva Help Repayment Schedule for Manos Telarañas Group

  Expected Repayments Actual Repayments Comments
February 2010 $225.00 Available Feb 1  
March 2010 $450.00 Available Mar 1