Renan


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $425.00
Loan Use: Purchase of a weaving machine to speed up the completion of articles requested by their clients
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 22, 2007
Date Disbursed: Dec 7, 2007
Date Funded:Nov 23, 2007
Loan Ended:Jun 7, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9852 PEN = 1 USD



Renan is a vigorous and noble father who is 27-years-old. Thanks to his sacrifice, he opened and began his artisan shop, work that he does with his wonderful and charming wife, Gregoria, who is 23. They work very hard together with one objective: to offer a safe and comfortable home to the light in their eyes, their small two-year-old daughter, who is their biggest joy. The wish of this young, eager couple is to expand their shop, and they need to acquire a weaving machine, a tool that will let them speed up the completion of their orders. To secure their wish, they hope to obtain a loan that will let them make the necessary investment in improving their shop with the goal of fixing up their humble house in a short time. In these moments, the young couple is appealing to your generous heart and is hoping to receive favorable responses soon.

Translated from Spanish by Tanya Harper, Kiva volunteer



Renan es un vigoroso y noble padre de familia de 27 años, gracias a su sacrificio aperturó e implementó su taller de artesanía, labor a la que se dedica junto a su empeñosa y encantadora esposa, Gregoria de 23 años de edad. Juntos trabajan arduamente con un sólo objetivo, ofrecerle una morada segura y cómoda a la luz de sus ojos, su pequeña niña de dos añitos, quién es su mayor alegría.El deseo de esta joven y afanosa paraje es implementar a un más su taller y requieren adquirir una máquina de tejer, herramienta que le permitirá agilizarla conclusión de sus pedidos y para concretar su anhelo desea obtener un préstamo que le permitirá realizar la inversión necesaria en beneficio de su taller a fin de refaccionar su humilde casita en corto tiempo. En estos momentos esta joven pareja apela a vuestro generoso corazón y ansía obtener pronto respuestas favorables.

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Journal entries for Renan


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

Thank you for your loan. It has been disbursed to Renan Cruz Vilca 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 7, 2007
Comments (1)

Kiva Help Repayment Schedule for Renan

  Expected Repayments Actual Repayments Comments
March 2008 $70.83 $71.00 Repayment Received
April 2008 $70.83 $71.00 Repayment Received
May 2008 $70.83 $71.00 Repayment Received
June 2008 $70.83 $71.00 Repayment Received
July 2008 $70.83 $71.00 Repayment Received
August 2008 $70.85 $70.00 Repayment Received