Luisa Soto Rios


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

Name: Luisa Soto Rios
Location: Saposoa - San Martín, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $525.00
Loan Use: Purchase clothing.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 19, 2007
Date Disbursed: Jan 2, 2008
Date Funded:Dec 19, 2007
Loan Ended:Jul 2, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9694 PEN = 1 USD



Mrs. Luisa belongs to the communal bank “Las Saposoinas”, and lives in the San Martín region of the province of Huallaga. Her business is located on the corner of Bolivar and Bolognesi streets. She dedicates herself to selling clothing for children and adults.



Thanks to the support of her son, and to her own diligent efforts, her business is growing. She experiences increased sales activity during the holiday season.



With the loan of 1,500 soles, to be repaid over six months, she will buy more clothing for children and adults (both men’s and women’s) in a variety of styles and for every occasion.



Mrs. Luisa is 36 years old, is single and lives alone with her son. She demonstrates that, by working hard every day, there are no limits to what one can achieve.



Translated from Spanish by Mary Lynn, Kiva Volunteer.



La señora Luisa pertenece al Banco Comunal Las Saposoinas, vive en la región San Martín, provincia del Huallaga y distrito de Saposoa. Su negocio está ubicado en la esquina de Jr.Bolivar y Bolognesi s/n y se dedica a vender ropa de niños y adultos.

Gracias al apoyo de su hijo y al esfuerzo que ella pone en su negocio está saliendo adelante en sus ventas. Actualmente incrementó su negocio para las fiestas navideñas ya que en esa fecha vende mas.

Con el préstamo de S/.1,500.00, el cual pagará en 6 meses, comprará más ropa de vestir para niños y adultos (hombres y mujeres) en variedad de modelos y para toda ocasión.

La señora Luisa tiene 36 años, vive sola con su hijo, no tiene pareja, trabaja diariamente, demostrando de esa manera, que para cumplir metas no hay límites y se puede alcanzar lo que se propone.


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Journal entries for Luisa Soto Rios


Loan has been disbursed
 
Entrepreneur: Luisa Soto Rios
Location: Saposoa - San Martín, Peru

Thank you for your loan. It has been disbursed to Luisa Soto Rios by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 6 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saposoa - San Martín, Peru
Jan 2, 2008
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Kiva Help Repayment Schedule for Luisa Soto Rios

  Expected Repayments Actual Repayments Comments
April 2008 $87.50 $88.00 Repayment Received
May 2008 $87.50 $88.00 Repayment Received
June 2008 $87.50 $88.00 Repayment Received
July 2008 $87.50 $88.00 Repayment Received
August 2008 $87.50 $88.00 Repayment Received
September 2008 $87.50 $85.00 Repayment Received