Jorge Antonio


Status: Paying Back

$350.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Jorge Antonio
Location: Cusco, Peru
Activity: Retail

About the Loan

Loan Amount: $350.00
Loan Use: Buy and sell medicinal plants in the Andean region of Peru.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 4, 2009
Date Disbursed: Nov 3, 2009
Date Funded:Nov 8, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:United States Dollars (USD)



JORGE ANTONIO is a member of the community bank "PROGRESO DE LOS ANDES". He is from the town of Cusco.


The member is 51 years old, married with 3 children (two sons and one daughter). He has worked as a truck driver for 7 years. He and his daughter have a small business where they sell and buy medicinal plants that grow in the region, such as "maca", Ribwort Plaintain, "uña de gato", etc. He is the supplier of this medicinal plants to small dealers who prepare traditional Peruvian beverages containing these medicinal plants, he supplies them with 50 kg of natural herbs per week obtaining earnings of S/.100 "nuevos soles". The member needs the loan to buy more medicinal plants in order to distribute to more dealers and increase his distribution.


The member is grateful for the opportunity through this means and he promises to repay punctually.


Translated from Spanish by Lene Struck Christensen, Kiva Volunteer


El socio JORGE ANTONIO, pertenece al banco comunal “PROGRESO DE LOS ANDES”, es natural de la ciudad del Cusco.

El socio tiene 51 años de edad, es casado tiene 3 hijos (dos varones y una mujer), él trabaja como chofer de camiones hace 7 años, él y su hija tienen un pequeño negocio de venta y compra de plantas medicinales naturales de la región como la maca, llantén, uña de gato, etc., el es proveedor de estas plantas medicinales a pequeños comerciantes que se dedican a preparar bebidas peruanas tradicionales que utilizan estas plantas medicinales, el provee 50 kg. de estas hiervas naturales por semana obteniendo como ganancia S/. 100 nuevos soles, el socio necesita el crédito para poder comprar más plantas medicinales y así pueda distribuir a más comerciantes e incrementar su distribución.

El socio se encuentra agradecido por la oportunidad brindada mediante este medio y así mismo se compromete a cumplir con el pago correspondiente al cronograma.

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Journal entries for Jorge Antonio


Loan has been disbursed
 
Entrepreneur: Jorge Antonio
Location: Cusco, Peru

Thank you for your loan. It has been disbursed to JORGE ANTONIO 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 Cusco, Peru
Nov 9, 2009
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Kiva Help Repayment Schedule for Jorge Antonio

  Expected Repayments Actual Repayments Comments
February 2010 $54.11 Available Feb 1  
March 2010 $55.73 Available Mar 1  
April 2010 $57.41 Available Apr 1  
May 2010 $59.13 Available May 1  
June 2010 $60.90 Available Jun 1  
July 2010 $62.72 Available Jul 1