Faustina


Status: Paid Back

$1,025.00   Loan Request
$1,025.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Faustina
Location: Juliaca, Peru
Activity: Fuel/Firewood

About the Loan

Loan Amount: $1,025.00
Loan Use: Purchase of additional gas tanks to increase distribution to more families in her community.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 2, 2008
Date Disbursed: Jan 16, 2008
Date Funded:Jan 2, 2008
Loan Ended:Jul 16, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9904 PEN = 1 USD



For several years Hugo, Faustina’s husband, has been working at a gas distribution company. Eight months ago Faustina used Hugo’s knowledge of the business to start her own gas distribution service for families in her community.


This business has enabled her to accomplish her goals. She would like to expand her business, which will require more capital. She plans on using the additional revenue to build a home for her family. Your Financial assistance will help this hard working mother fulfill her dreams.

Translated from Spanish by Mayra Villegas, Kiva volunteer.



Desde hace varios años, Hugo, esposo de Faustina, venia trabajando en una empresa privada de distribución de gas, aprovechando el conocimiento de su querido compañero poco a poco por iniciativa de esta trabajadora madre que veía en ésta actividad una forma de apalear el hambre de su hogar, con el dinero ahorrado que tenía logró crear su pequeña empresa de venta y distribución de gas a domicilio.Esta actividad que emprendió hace 8 meses atrás y a la que ahora viene dedicándose diligentemente les ha otorgado mucha dicha por que rápidamente le ha permitiendo cumplir con sus objetivos.El deseo de esta empresaria pareja es lograr ampliar su mercado y para este propósito requiere aumentar el monto de su capital, con las ganancias que obtenga tiene planeado construir su casita con el fin de ofrecerle a su familia un techo propio y seguro. Con su deseo albergado en su corazón recurre en búsqueda de tu ayuda a fin de acopiar la cantidad que necesita.Apoyemos a esta empresaria familia a prosperar con su nueva labor.


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Journal entries for Faustina


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

Thank you for your loan. It has been disbursed to Faustina Huamán Monteagudo 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
Jan 16, 2008
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Kiva Help Repayment Schedule for Faustina

  Expected Repayments Actual Repayments Comments
April 2008 $170.83 $171.00 Repayment Received
May 2008 $170.83 $171.00 Repayment Received
June 2008 $170.83 $171.00 Repayment Received
July 2008 $170.83 $171.00 Repayment Received
August 2008 $170.83 $171.00 Repayment Received
September 2008 $170.85 $170.00 Repayment Received