Eusebio


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $1,175.00
Loan Use: Establish a small garage and make it one of the busiest repair shops in the city.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 22, 2007
Date Disbursed: Dec 6, 2007
Date Funded:Nov 22, 2007
Loan Ended:Aug 7, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9908 PEN = 1 USD



Eusebio and his determined family have been through difficult financial times. At one time, he worked in a repair shop/garage. Thanks to his restless nature and self-initiative, he was able to learn a great deal and now – thanks to great effort and sacrifice – has decided to open his own garage. His objective, with the assistance of his wife and children who help and support him in his daily endeavors, is to provide an excellent level of service and to make his small garage the busiest in his native town of Ayaviri. To achieve his goals, he asks for a loan that he commits to repay within eight months. Your generous support will be a wise investment in the hands of this family, giving them the opportunity to prosper with their new project.

Translated from Spanish by Mary Lynn, Kiva Volunteer.



Eusebio y su empeñosa familia, desde que formaron su hogar pasaron por momentos económicos muy difíciles; en un principio él se desempeñaba como empleado en un taller de mecánica; gracias a su inquietud, iniciativa, e interés pudo adquirir mayor conocimiento y ahora a base de mucho esfuerzo y sacrificio decidió abrir su propio taller y a través de esta actividad brinda un eficientemente servicio a su comunidad en compañía de su inseparable esposa e hijos, quienes lo acompañan y apoyan en su labor diaria.El deseo de este ejemplar padre es implementar su pequeño taller y hacer de este local el más concurrido de su ciudad natal, Ayaviri. Para concretar sus anhelos solicita un préstamo de dinero que se compromete a reembolsarlo en un lapso de ocho meses. Tu generoso aporte será una inversión sabia en las manos de esta familia, dales la oportunidad de prosperar con su nuevo proyecto.


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Journal entries for Eusebio


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

Thank you for your loan. It has been disbursed to Eusebio Alvarado Pilco by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 8 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Juliaca, Peru
Dec 7, 2007
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Kiva Help Repayment Schedule for Eusebio

  Expected Repayments Actual Repayments Comments
March 2008 $146.88 $147.00 Repayment Received
April 2008 $146.88 $147.00 Repayment Received
May 2008 $146.88 $147.00 Repayment Received
June 2008 $146.88 $147.00 Repayment Received
July 2008 $146.88 $147.00 Repayment Received
August 2008 $146.88 $147.00 Repayment Received
September 2008 $146.88 $147.00 Repayment Received
October 2008 $146.84 $146.00 Repayment Received