Margarita


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Margarita
Location: Juliaca, Peru
Activity: Bricks

About the Loan

Loan Amount: $875.00
Loan Use: To purchase more basic material to make more bricks
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 19, 2008
Date Disbursed: Mar 4, 2008
Date Funded:Feb 19, 2008
Loan Ended:Sep 8, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9080 PEN = 1 USD



Margarita and Elias, her husband, have their own family business making bricks. Thanks to her hard work and dedication, she has been able to make it successful. Due to the high demand, they decided to hire 2 workers. They are very happy with how the business is moving along. Margarita's dream is to build her own house and to give her son, Daniel who's her pride and joy, a good life. She's requesting a loan in order to purchase basic materials to make more bricks, and to hopefully make more profit. With this profit, she would like to purchase a piece of land where they can build their house. "Margarita awaits for your answer to make her dream come true."


Translated from Spanish by Carolina Zelaya-Kronlund, Kiva Volunteer.



Margarita, desde que formó su familia junto a Elías, decidió dedicarse con mucha constancia al negocio familiar; que consta en la producción de ladrillos. Gracias a su empeño y compromiso viene sacando adelante su fábrica y al observar que tenían una gran cantidades de solicitudes y no podían abastecer a todos sus clientes decidieron contratar a dos trabajadores para cumplir satisfactoriamente con las demandas de sus clientes. En estos momentos esta laboriosa pareja se siente muy satisfecha por los resultados que está obteniendo poco a poco con su incansable labor. El deseo que tiene doña margarita es ofrecerle un techo propio y seguro a su querido hijo, Daniel, quien es su mayor alegría y orgullo. En esta oportunidad requiere obtener un préstamo de dinero para invertirlos en la compra de insumos para su ladrillera y con las ganancias que obtenga adquirir un terrenito para construir su casita. “Margarita espera tu valioso aporte para concretar sus planes”.


Subscribe

Lenders to this entrepreneur

Anthony
Yuba City, CA
United States

Anonymous

Tim and Jenn
London, Ontario
Canada

Peter J.
Mercer Island, WA
United States

paula
porto,

Gumball Capital
Stanford, CA
United States

3B-EDITIONS
DIJON,
France

Ross
Ottawa, Ontario
Canada

Dave
Barrington, RI
United States

Keith
Odense,
Denmark

Don and Trina
Antigonish, Nova Scotia
Canada

Ron and Marlene
Andover, Minnesota
United States

Jessica
Berkeley, CA
United States

Gretchen
Sierra Vista, AZ
United States

Tina & Rob
Livermore, CA
United States

Mike
Minneapolis, MN
United States

Amanda & Nick
Omaha, NE
United States

Nick
Portland, Oregon
United States

Rae
San Jose, CA
United States

Erika
Tucson, AZ
United States

Carl
Cameron Park, CA
United States

Kiran
San Jose, CA
United States

Anonymous
Chicago, IL
United States

Mike
Davis, CA
United States

Katerina
Huntington Station, NY
United States

John
Falls Church, VA
United States

Kim's Best Friend
Montville, NJ
United States

Anonymous

StoneSoup
Minneapolis, MN
United States

Maria I.
Chandler, AZ
United States

Polly
Portland, OR
United States



Journal entries for Margarita


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

Thank you for your loan. It has been disbursed to Margarita Arapa Huanca 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
Mar 5, 2008
Comment on this entry

Kiva Help Repayment Schedule for Margarita

  Expected Repayments Actual Repayments Comments
June 2008 $145.83 $146.00 Repayment Received
July 2008 $145.83 $146.00 Repayment Received
August 2008 $145.83 $146.00 Repayment Received
September 2008 $145.83 $146.00 Repayment Received
October 2008 $145.83 $146.00 Repayment Received
November 2008 $145.85 $145.00 Repayment Received