Santa


Status: Paying Back

$1,050.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Santa
Location: Lima, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $1,050.00
Loan Use: To increase stock of merchandise and ingredients for food
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 5, 2009
Date Disbursed: Oct 22, 2009
Date Funded:Nov 7, 2009

About the Country

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



Santa is a very hard working 42-year-old woman. She lives with her husband, Luis, 52, and her 19-month-old daughter, Maricielo.

For the last 4 years, she has sold clothing (lingere), and in that time she has gained the necessary experience to acheive the best results with this business and earn a good salary. But this is not all; she also tried her hand at selling food, a venture that is starting to grow, and, given her good acumen, she keeps gaining customers. Santa is helped by her sister-in-law in taking the orders of food to the business or homes that ask for them. This way, she makes the best use of her time, since the rest of her time must be spent caring for her daughter, who is of the age that needs a lot of attention from her mother.

Santa feels at ease with her job that gives her freedom in addition to generating a good income to improve the quality of life for her family. She also has the hope of owning a more stable business, such as a bookstore.

This is Santa's eighth loan with MFP, and she has always been very punctual in making payments. The money that she is now asking for will be used to buy better quality lingere and will be invested in buying more ingredients in order to cook her delicious dishes.


Translated from Spanish by Sarah Merchlewitz, Kiva Volunteer


Santa es una mujer muy trabajadora de 42 años, vive con su esposo (Luis), de 52 años, y con su pequeña de Maricielo de 1 año y 7 meses.

Desde hace 4 años se dedica a la venta de ropa (lencería), tiempo que le ha dado la experiencia necesaria para realizar esta actividad de la mejor manera y así lograr buenos ingresos. Pero eso no es todo, también incursionó en la venta de comida, actividad que está empezando a crecer y gracias a su buena sazón tiene cada vez más clientes.
A Santa le ayuda su cuñada para llevar las porciones de comida hasta los negocios o viviendas que le solicitan, es así que aprovecha de la mejor manera su tiempo, ya que la otra parte debe emplearla en la atención de su hija, la cual está en una edad en la que necesita mucho de las atenciones de su madre.
Santa se siente tranquila, ya que tiene un trabajo que le da libertad y además le genera buenos ingresos para la mejora de la calidad de vida de su familia, también tiene la esperanza de tener un negocio más estable, como un librería.

Este es su octavo préstamo con MFP y siempre ha sido muy puntual en todos sus pagos. Con el dinero que ahora solicita comprará mayor cantidad de lencería y además invertirá en la compra de ingredientes para cocinar sus ricos platillos.

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Journal entries for Santa


Loan has been disbursed
 
Entrepreneur: Santa
Location: Lima, Peru

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


Posted by from Lima, Peru
Nov 8, 2009
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Kiva Help Repayment Schedule for Santa

  Expected Repayments Actual Repayments Comments
January 2010 $153.86 Available Jan 1  
February 2010 $165.37 Available Feb 1  
March 2010 $170.33 Available Mar 1  
April 2010 $178.24 Available Apr 1  
May 2010 $188.30 Available May 1  
June 2010 $193.90 Available Jun 1