Mercedes Magali Sandoval Bravo


Status: Paying Back

$350.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Mercedes Magali Sandoval Bravo
Location: Punto Cuatro - Mochumí - Lambayeque, Peru
Activity: Pharmacy

About the Loan

Loan Amount: $350.00
Loan Use: Purchasing medicines to expand her business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Nov 7, 2009
Date Disbursed: Nov 6, 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



Mercedes is 28 years old; she is married and has two children, aged 6 and 3. She lives with her husband, her children and a sister who is in her care, in the Punto Cuatro sector of Mochumí District, 30 minutes from the city of Chiclayo.

For more than three years, Mercedes has operated a small pharmacy in the house where she lives. She began by selling first aid supplies, and she now offers a range of generic medicines to her neighbors. She tells us that she decided to open this business because there had previously been no drugstore in the area, and people had to go into town to purchase supplies.

Her husband is an occasional laborer who fills temporary jobs in fishing and agriculture. Thanks to both of their efforts, they were able to purchase a photocopier four months ago, which they intend to use to broaden their current business.

Mercedes plans to expand her business by purchasing more medicines and selling office supplies. For this reason, she is requesting her first loan with Edpyme Alternativa in the amount of 1000 Peruvian soles, which she will use to achieve her business objectives.

Mercedes is a responsible and hardworking mother; her business is well-known in the area, and her neighbors have great respect for her. Her greatest desire is to be able to build her own home, since she currently lives in rented housing.

Translated from Spanish by Patricia Linderman, Kiva Volunteer


Mercedes tiene 28 años de edad, es casada y tiene dos hijos de 6 y 3 años de edad. Vive junto a su esposo, sus hijos y una hermana que tiene a su cargo en el sector Punto Cuatro, distrito de Mochumí, ubicado a 30 minutos de la ciudad de Chiclayo.

Desde hace más de tres años maneja una pequeña botica en la casa en donde vive. Empezó vendiendo artículos de primeros auxilios y ahora ofrece diversas medicinas genéricas a sus vecinos. Ella nos cuenta que decidió instalar el negocio porque por la zona no había ninguno de ese tipo y tenían que ir hasta el pueblo para adquirirlos.

Su esposo es trabajador eventual, se dedica ocasionalmente a la pesca o a la agricultura, con el esfuerzo de ambos pudieron comprar hace cuatro meses una máquina fotocopiadora con la que piensan ampliar su negocio.

Mercedes planea ampliar su negocio con la compra de más medicinas e implementarlo con la venta de artículos de oficina por este motivo se encuentra solicitando por primera vez a Edpyme Alternativa un préstamo de 1000 nuevos soles que piensa utilizar en el logro de sus objetivos.

Ella es una madre responsable y trabajadora, su negocio es conocido por la zona por lo que sus vecinos le tienen mucha estima. Su más grande anhelo es poder construir su propia casa ya que actualmente vive en una vivienda alquilada.

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Journal entries for Mercedes Magali Sandoval Bravo


Loan has been disbursed
 
Entrepreneur: Mercedes Magali Sandoval Bravo
Location: Punto Cuatro - Mochumí - Lambayeque, Peru

Thank you for your loan. It has been disbursed to Mercedes Magali Sandoval Bravo by Edpyme Alternativa in Peru. We are excited to watch this business grow. Over the 10 months of this loan, Edpyme Alternativa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Punto Cuatro - Mochumí - Lambayeque, Peru
Nov 8, 2009
Comments (1)

Kiva Help Repayment Schedule for Mercedes Magali Sandoval Bravo

  Expected Repayments Actual Repayments Comments
February 2010 $29.95 Available Feb 1  
March 2010 $31.29 Available Mar 1  
April 2010 $31.37 Available Apr 1  
May 2010 $33.87 Available May 1  
June 2010 $34.65 Available Jun 1  
July 2010 $35.53 Available Jul 1  
August 2010 $36.34 Available Aug 1  
September 2010 $37.97 Available Sep 1  
October 2010 $38.99 Available Oct 1  
November 2010 $40.04 Available Nov 1