Narcisa


Status: Paying Back

$350.00   Loan Amount
16% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Narcisa
Location: Juliaca, Peru
Activity: Cattle

About the Loan

Loan Amount: $350.00
Loan Use: Purchase a cow
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Oct 30, 2009
Date Disbursed: Sep 30, 2009
Date Funded:Oct 30, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9100 PEN = 1 USD



Narcissa is 44 years old and a loving mother. She lives in a small house with her two sons, Wilson (age 22) and Gerber (age 20), who are the reason behind all her efforts.


Narcissa has been raising cattle in order to forge a decent life for herself. She learned how to take care of animals at a young age and now her cattle are some of the most sought after livestock being sold in the city of Juliaca. Narcissa is a native of Taraco (a district in the province of Huancané). She enjoys caring for her animals because the more attention she given them, the higher the prices she can command. For 30 years, Narcissa has been at her job and says the most difficult part for her is transporting her animals to market because it demands much time and effort. At some point in the future, she would like to open a grocery store so that she can generate additional income and improve her family’s quality of life.


This is her first loan with MFP. Narcissa feels the responsibility of making her payments on time because she does not want to get in trouble with the other members of her Communal Bank. She is adored by everyone else because she brings much joy to all of their meetings. Narcissa will use her loan of 1000 soles to buy a cow, but she needs to save up some additional funds in order to complete the purchase.


Translated from Spanish by Ronan Reodica, Kiva Volunteer


Narcisa, de 44 años, es una madre de familia muy amorosa, vive en una pequeña casa junto a sus 2 hijos; Wilson de 22 y Gerber de 20 años, quienes son el motivo de todos sus esfuerzos.

En el tiempo que Narcisa viene realizando la crianza de ganado, ha podido forjarse una vida digna, ella realiza esta actividad desde que era muy joven y actualmente se ha convertido en una de las ganaderas más solicitadas, debido a las grandes reses que lleva a vender a la ciudad de Juliaca.
Narcisa es natural de Taraco (distrito de la provincia de Huancané) y lo que más le gusta de su trabajo es criar su ganado, ya que sabe que mientras mejor los cuide, mejores pagos le darán por sus reses. Lleva 30 años realizando esta actividad y considera que lo más difícil es transportar las reses hasta el lugar de la venta, puesto que es una actividad que le demanda mucho tiempo y esfuerzo.
Para más adelante, desea poner una tienda de abarrotes, la cual le pueda generar ingresos adicionales y así mejorar la calidad de vida de su familia.

Este es el primer préstamo de Narcisa con MFP y se siente en la responsabilidad de pagarlo a tiempo, puesto que no quiere meter en problemas a las socias de su banco comunal, donde es muy querida debido a la alegría que le pone a las reuniones. Con los mil soles solicitados comprará una vaca, pero para completar el costo total está dispuesta a poner dinero de sus ahorros.

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Journal entries for Narcisa


Loan has been disbursed
 
Entrepreneur: Narcisa
Location: Juliaca, Peru

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


Posted by from Juliaca, Peru
Oct 31, 2009
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Kiva Help Repayment Schedule for Narcisa

  Expected Repayments Actual Repayments Comments
December 2009 $58.45 $58.45 Repayment Received
January 2010 $58.45 Available Jan 1  
February 2010 $58.45 Available Feb 1  
March 2010 $58.45 Available Mar 1  
April 2010 $58.45 Available Apr 1  
May 2010 $57.75 Available May 1