Sofía Tarqui


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Sofía Tarqui
Location: El Alto / La Paz, Bolivia
Activity: Shoe Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To invest in her business and sell her merchandise wholesale
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 9, 2008
Date Disbursed: Jan 23, 2008
Date Funded:Jan 9, 2008
Loan Ended:Jul 24, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:Bolivia Bolivianos (BOB)
Exchange Rate:7.5862 BOB = 1 USD



Sofía Tarqui has a small stand on Tumusla Ave. in the city of La Paz, where she sells sneakers, slippers, and sandals. She also owns several other stands located in the main market in the city of El Alto. She constantly travels to the city of Oruro and to the town of Desaguadero, where she buys merchandise to replenish her businesses. Sofía has three children, the youngest of whom is 6 years old. For this reason, it is necessary for her to invest more capital in maintaining her business and staying in the market. She needs to invest heavily because she faces stiff competition.
Sofía’s objective is to sell her products wholesale, so she needs the loan in order to be able to buy products in the abovementioned places because buying wholesale is more economical than buying in smaller quantities.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.



Sofía Tarqui, tiene un puesto de venta de zapatillas, pantuflas y sandalias en la Av. Tumusla de la ciudad de La Paz, al mismo tiempo es dueña de otros puestos ubicados en la principal feria de la ciudad de El Alto.
Constantemente realiza viajes a la ciudad de Oruro y a la localidad de Desaguadero, de donde compra su mercadería para abastecer sus puestos. Actualmente Sofía es madre de 3 hijos, el menor de 6 años, por tal motivo, es necesario realizar una importante inyección de capital para poder mantenerse en el mercado, puesto que si bien el rubro necesita de una fuerte inversión, la competencia es mucha.
El objetivo de Sofía es la venta de su mercadería al por mayor, por lo que ella precisa de capital para poder realizar la compra en los lugares ya mencionados, puesto que el precio de la compra al por mayor baja sustancialmente a comparación de la compra por unidades o docenas.


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Journal entries for Sofía Tarqui


Loan has been disbursed
 
Entrepreneur: Sofía Tarqui
Location: El Alto / La Paz, Bolivia

Thank you for your loan. It has been disbursed to Sofía Tarqui by Pro Mujer Bolivia in Bolivia. We are excited to watch this business grow. Over the next 6 months, Pro Mujer Bolivia will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from El Alto / La Paz, Bolivia
Jan 24, 2008
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Kiva Help Repayment Schedule for Sofía Tarqui

  Expected Repayments Actual Repayments Comments
April 2008 $200.00 $200.00 Repayment Received
May 2008 $200.00 $200.00 Repayment Received
June 2008 $200.00 $200.00 Repayment Received
July 2008 $200.00 $200.00 Repayment Received
August 2008 $200.00 $200.00 Repayment Received
September 2008 $200.00 $200.00 Repayment Received