Elena


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $675.00
Loan Use: Increase of capital investment to acquire more alpacas with the goal of securing their family dream.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 21, 2007
Date Disbursed: Dec 5, 2007
Date Funded:Nov 21, 2007
Loan Ended:Jun 6, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9799 PEN = 1 USD



Elena formed her family with Alberto when she was 17-years-old. She presently has two children, who are the reason that she works so hard. Both Elena and Alberto make a living by raising alpacas and selling their meat, but Alberto is always looking for a way to generate extra income to support the family, so he also offers his services as a handyman for temporary jobs. Meanwhile, Elena is in charge of caring for the alpacas. The wish of this young and enterprising family is to increase the quantity of their animals, and with their sales, to save enough to build a small house. Both believe that with this trade, they will be able to get ahead. To secure this dream, they require an amount of money to serve as a capital investment, and that's why they are appealing to your heart and are requesting a loan. Thanks to your selfless support, you will allow them to secure their plans.

Translated from Spanish by Tanya Harper, Kiva volunteer



Elena, formó su familia con Alberto a la edad de 17 años; actualmente ya tiene dos hijos, quienes son la razón por los que trabaja arduamente.Ambos se dedican a la crianza de alpacas y a la comercialización de su carne, pero Alberto siempre busca la manera de generar ingresos económicos extras para el sustento familiar desempeñándose como maestro de obras en diferentes trabajos eventuales.Mientras tanto, Elena se encarga del cuidado de sus alpaquitas; el deseo de esta joven y emprendedora familia es aumentar la cantidad de sus animales y con la comercialización de estos ahorrar lo suficiente para construir su casita, ambos creen que con este oficio podrán salir adelante y para concretar este pensamiento requieren de una suma de dinero como capital de inversión y es por eso que recurren a tu buen corazón y solicitan un préstamo que gracias a tu desinteresado apoyo les permitirá concretar sus planes.

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Journal entries for Elena


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

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


Posted by from Juliaca, Peru
Dec 6, 2007
Comments (1)

Kiva Help Repayment Schedule for Elena

  Expected Repayments Actual Repayments Comments
March 2008 $112.50 $113.00 Repayment Received
April 2008 $112.50 $113.00 Repayment Received
May 2008 $112.50 $113.00 Repayment Received
June 2008 $112.50 $113.00 Repayment Received
July 2008 $112.50 $113.00 Repayment Received
August 2008 $112.50 $110.00 Repayment Received