Domitila T. Avalos Reyes


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Entrepreneur

Name: Domitila T. Avalos Reyes
Location: Salpo - La Libertad, Peru
Activity: Retail

About the Loan

Loan Amount: $775.00
Loan Use: Purchase material for the manufacture and sale of shoes.
Repayment Term: 7 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:Apr 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



Doña Domitila is 49 years old, she lives in “Centro Poblado Menor San Luís, District of Salpo, Province of Otuzco, Department of La Libertad. She belongs to “Banco Comunal Mujeres Trabajadoras” (Communal Bank for Working Women).

She studied until second grado, elementary school and has no children. She started selling used garments in small quantities and today she sells shoes in her community especially at the market of the District of Carabamba on Sundays. The shoes are manufactured by her husband. She also sells cereals part of which is from her own crop and part which she purchases from other communities.

A previous loan from Manuela Ramos, approximately $100, was invested in cereals and the funds requested, $775, will be invested in the purchase of material for the manufacture of shoes, such as leather, glue, needles and synthetic material. She plans to repay the loan in a period of 4 months.

Doña Domitila’s dream is to buy her own house at Trujillo and adopt a child as she did not have the opportunity of giving birth herself.

Translated from Spanish by Lene Struck, Kiva volunteer.



La señora Domitila tiene 49 años de edad, vive en el Centro Poblado Menor San Luís, Distrito de Salpo provincia de Otuzco, departamento de La Libertad. Pertenece al Banco Comunal Mujeres Trabajadoras".


Estudió solo hasta el segundo grado de primaria y no tienen hijos.
Inició su negocio vendiendo ropa usada en pequeñas cantidades y actualmente se dedica a la venta de zapatos tanto en su comunidad como en el mercado del Distrito de Carabamba, esto lo hace los días domingos. Estos zapatos son confeccionados por su esposo; además vende también cereales que ella siembra y otros que compra en comunidades más alejadas.


Con el primer préstamo recibido de Manuela Ramos de S/.300 (aproximadamente $100) el cual lo invirtió en la compra de cereales.
Con el reciente préstamo de S/. 2,300.00 (aproximadamente $772) para cancelarlo en 4 meses, comprará materiales para la elaboración del calzado como: cuero, pegamentos, agujas y material sintético.
La señora Domitila sueña con comprarse una casa en Trujillo y adoptar un niño porque no tuvo la oportunidad de tener uno propio.


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Journal entries for Domitila T. Avalos Reyes


Loan has been disbursed
 
Entrepreneur: Domitila T. Avalos Reyes
Location: Salpo - La Libertad, Peru

Thank you for your loan. It has been disbursed to Domitila T. Avalos Reyes by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 4 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Salpo - La Libertad, Peru
Dec 7, 2007
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Kiva Help Repayment Schedule for Domitila T. Avalos Reyes

  Expected Repayments Actual Repayments Comments
March 2008 $193.75 $194.00 Repayment Received
April 2008 $193.75 $194.00 Repayment Received
May 2008 $193.75 $194.00 Repayment Received
June 2008 $193.75 $193.00 Repayment Received