Dionisia Yucra Quispe's Group
Status: Paid Back
| $425.00 | Loan Request | |
|---|---|---|
| $425.00 | Paid Back |
About the Group
| Group Name: | Dionisia Yucra Quispe's Group |
|---|---|
| Group Members: |
Nancy Cajahuanca Rupay Dionisia Yucra Quispe |
| Location: | Ayacucho, Peru |
| Activity: | Construction |
About the Loan
| Loan Amount: | $425.00 |
|---|---|
| Loan Use: | Nancy and Dionisia each need loans of 600 soles (3 soles = $1), which they will use to buy replacement parts for the taxi, as well as wood, nails, varnish, and paint. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 13, 2008 |
| Date Disbursed: | Feb 27, 2008 |
| Date Funded: | Feb 13, 2008 |
| Loan Ended: | Jun 27, 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: | 2.9080 PEN = 1 USD |
Nancy is 32 years old. She lives with her partner and three-year-old daughter. Nancy works with her husband driving a motorcycle taxi, doing construction work, and making furniture. They have been working in construction for five years and driving a taxi for one year.
Dionisia is 32 years old. She lives with her partner and has five children between the ages of two and ten. Like Nancy, Dionisia and her partner do construction work and make furniture. They have been working together for four years.
Nancy and Dionisia each need loans of 600 soles (3 soles = $1), which they will use to buy replacement parts for the taxi, as well as wood, nails, varnish, and paint.
One of the most important aspects of the community bank is the interest-earning savings account each associate has. Nancy and Dionisia plan to use their savings to buy a computer and to make more capital available to their businesses. Their dreams are to eventually own a home and a car, and to have a happy family.
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 Dionisia Yucra Quispe's Group
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Loan has been disbursed
Location: Ayacucho, Peru
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Posted by
from Ayacucho, Peru
Feb 27, 2008 |
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Comment on this entry
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Nancy y Dionisia
Location: Ayacucho, Peru
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Posted by
Patricia Zamudio Núñez from Ayacucho, Peru
Jul 7, 2008 |
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Comment on this entry
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Repayment Schedule for Dionisia Yucra Quispe's Group
Repayment Schedule for Dionisia Yucra Quispe's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2008 | $106.25 | $107.00 |  Repayment Received
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| June 2008 | $106.25 | $107.00 | Repayment Received
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| July 2008 | $106.25 | $107.00 | Repayment Received
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| August 2008 | $106.25 | $104.00 | Repayment Received
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