Catalina Arango Yumpanqui's Group
Status: Paid Back
| $550.00 | Loan Request | |
|---|---|---|
| $550.00 | Paid Back |
About the Group
| Group Name: | Catalina Arango Yumpanqui's Group |
|---|---|
| Group Members: |
Sonia Pomasoncco Garamendi Visitacion Ruiz Soria Catalina Arango Yumpanqui |
| Location: | Ayacucho, Peru |
| Activity: | Internet Cafe |
About the Loan
| Loan Amount: | $550.00 |
|---|---|
| Loan Use: | Sonia, Catalina, and Visitacion need loans of 800, 400, and 400 soles (soles = $1), which they will invest in buying a printer, buying flour in bulk to avoid a prospective rise in prices, and traveling to different areas to buy products. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 28, 2008 |
| Date Disbursed: | Feb 11, 2008 |
| Date Funded: | Jan 28, 2008 |
| Loan Ended: | Jun 11, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | FINCA Peru |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 28 months |
| Kiva Entrepreneurs: | 9340 |
| Total Loans: | $2,717,400 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
|---|---|
| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 2.9386 PEN = 1 USD |
Sonia is 28 and has one child. She has owned an internet café for one year. She started with five computers and now has eight, but hopes to continue expanding. She also has a small grocery store, which she has owned for several years, but focuses on the internet café.
Catalina is 42 and has two children. She sells snacks and prepared food from a stand in the central market. She is also a weaver. She has been weaving for 10 years and sends her finished products to Lima.
Visitacion is 56 and has three adult children. She travels to Lima or the city of Huancayo to buy clothing that she then sells in the city of Aycucho. She has been doing this for eight years.
Sonia, Catalina, and Visitacion need loans of 800, 400, and 400 soles (soles = $1), which they will invest in buying a printer, buying flour in bulk to avoid a prospective rise in prices, and traveling to different areas to buy products.
Sonia, Catalina, and Visitacion dream of owning homes and that their children will finish school and have a better life.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Catalina Arango Yumpanqui's Group
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Loan has been disbursed
Location: Ayacucho, Peru
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Posted by
from Ayacucho, Peru
Feb 11, 2008 |
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Comment on this entry
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Catalina, Sonia y Visitación
Location: Ayacucho, Peru
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Posted by
Patricia Zamudio Núñez from Ayacucho, Peru
Jun 13, 2008 |
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Comment on this entry
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Repayment Schedule for Catalina Arango Yumpanqui's Group
Repayment Schedule for Catalina Arango Yumpanqui's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2008 | $137.50 | $138.00 |  Repayment Received
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| June 2008 | $137.50 | $138.00 | Repayment Received
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| July 2008 | $137.50 | $138.00 | Repayment Received
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| August 2008 | $137.50 | $136.00 | Repayment Received
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