Ysabel Guevara

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

Ms. Ysabel Guevara is an extremely outgoing businesswoman who always keeps her focus on customer service. Ysabel sells salchipapas (cut-up hotdogs and french fries) and hamburgers outside of her house in Comas, a northern suburb of Lima, Peru. Her house has an excellent location on a corner just outside the local outdoor market, a highway, a church, and a busy bus stop. An example of her attentiveness to her customers is that she sells her meals outside of her house from a cart rather than opening up the front room of her house as a restaurant. She tried the latter a while back but found that people were scared off, thinking that because it was a sit-down food establishment, the prices would be higher. She has had her own business for 8 years and been a client of EDAPROSPO for the past 2.5 years.

Ms. Guevara uses her profits to buy sodas, jellos, sweets, etc., and used your loan to increase the rate of her investment. As Christmas season is here with its attendant increase in spending habits, Isabel’s build-up of non-perishable foodstuffs will serve her food business well. Isabel does not limit her offerings to salchipapas and hamburgers, but instead will make anything the customer asks to eat. She also switches around her menu frequently because she believes people do not like to be bored. After her lesson with indoor seating led her to offer her dinners outdoors, Isabel has recently bought a tent, table, and chairs for people eat under outside. In the mornings, she prepares the food that she will sell that night. She has her cart and tent out from 6.30pm until 12.30 or 1am every night. With her current prices and number of customers, Isabel makes about 30 to 35 soles in profits a day.

Isabel has three children – an 18-year-old daughter, a 17-year-old son, and a 21-month-old daughter. Her goal is to work hard so her children can study; after they have finished, she can have a break. Until then, she wants her business to continue growing and changing so that it won’t get boring for either her or her customers. Isabel Guevara’s business motto is “Charisma Sells” and charisma is something she has in abundance. Thank you for investing in Isabel’s business.

To see other business owners supported by EDAPROSPO currently fundraising on Kiva's website, please click here

During a routine audit of Field Partner EDAPROSPO, Kiva discovered a number of discrepancies between the information posted to the Kiva website and what actually occurred on the ground. Specifically, many loans uploaded to the website before December 2008 contain inaccurate loan amounts, terms and/or loan uses.

This is in violation of Kiva policy, and as such, as soon as we were alerted to a possible violation we placed EDAPROSPO on "pause." After placing them on pause, Kiva proceeded to execute a complete verification of every loan EDAPROSPO posted to the Kiva website; in total we examined 757 loans.

As a result of our audit, we have discovered that 52% of the loans posted to the Kiva website by field partner EDAPROSPO contain data inaccuracies. 98% of these inaccuracies pertain to loans posted to the Kiva website before December 2008, when EDAPROSPO was under a different management team. After significant management turnover at the end of 2008, almost all loans on the Kiva website contain complete and accurate information and these loans comprise only 2% of the total discovered inaccuracies.

You are receiving this email as we wanted to alert you that, after our verification efforts, Kiva cannot confirm that the specific loan you funded was actually disbursed. We can, however, confirm that the person you lent to is an EDAPROSPO borrower. Because EDAPROSPO has decided to guarantee all loans made on Kiva, you have continued to receive repayments on schedule.

Because the new management team has proven that they are committed to providing accurate and transparent information to the Kiva website, and because they have repaid almost all of the inaccurate loans on-time, Kiva has decided to re-open the Kiva-EDAPROSPO relationship. During this new "pilot" phase on Kiva, we will be working closely with the new EDAPROSPO team, including their internal and external auditors, to continually verify new EDAPROSPO loans posted to Kiva, and if we are alerted to any new inaccuracies we will pause their relationship with Kiva and follow-up accordingly.

If you have any questions, please visit Kiva's Help Center at http://www.kiva.org/about/help.