Maria Rosario Pillpe Loayza's Group


Status: Paid Back

$950.00   Loan Request
$950.00   Paid Back

About the Group

Group Name: Maria Rosario Pillpe Loayza's Group
Group Members: Gloria Elisa Yarin Ventura
Edith Janina Yarin Ventura
Maria Rosario Pillpe Loayza
Location: Ayacucho, Peru
Activity: Grocery Store

About the Loan

Loan Amount: $950.00
Loan Use: Edith, Gloria, and Rosario need loans of 600 soles, 1000 soles, and 1000 soles, respectively. This money will be used to buy blankets, clothes, rice, and paper, and to repair Gloria’s motorcycle-taxi.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 8, 2008
Date Disbursed: Apr 28, 2008
Date Funded:Apr 14, 2008
Loan Ended:Oct 29, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.7489 PEN = 1 USD



Edith, Gloria, and Rosario have been members of the Spring Communal Bank for 4, 3, and 1 years, respectively.


Edith is 25 years old, married, and has two children. She sells clothing and shoes on credit, at different markets in her hometown. On the weekends, Edith sells corn porridge and ceviche in her home.


Gloria is 23 years old and single, studying education at the university. Gloria sells fish in the Ayacuchana jungle. She also rents a motorcycle-taxi.


Rosario is married with three children. She is 38 years old. Rosario has a store in her home where she sells vegetables, meat, groceries, and photocopies.


Edith, Gloria, and Rosario need loans of 600 soles, 1000 soles, and 1000 soles, respectively. This money will be used to buy blankets, clothes, rice, and paper, and to repair Gloria’s motorcycle-taxi.


Edith, Gloria, and Rosario would like to finish their studies, and enroll in a masters program. They would like for their children to be professionals, improve their businesses, buy a car, and to have a store.

Translated from Spanish by Sarah Bishop, Kiva Volunteer.



Edith, Gloria y Rosario pertenecen al Banco Comunal Primavera hace 4, 3, 1 años respectivamente.


Edith es casada, tiene 25 años y 2 hijos, Edith vende ropa y zapatos a crédito, sus ventas lo realiza al por menor en los diferentes mercados. Además Edith los fines de semana vende mazamorras y cebiche en su casa.


Por otro lado Gloria es soltera y tiene 23 años, estudiante de Educación en la universidad, Gloria vende pescado en la selva Ayacuchana. Además tiene una mototaxi que alquila.


Mientras que Rosario es casada, tiene 38 años y 3 hijos, Rosario tiene una tienda en su casa donde vende verduras, carnes, abarrotes y además servicios de fotocopiado.


Edith, Gloria y Rosario necesitan préstamos de 600 soles, 1000 soles, 1000 soles dinero que será invertido en la compra de frazadas, ropa, arroz, papeles y para la reparación de su mototaxi.


Los sueños de Edith, Gloria y Rosario son culminar sus estudios, estudiar una maestría, que sus hijos sean profesionales, mejorar sus negocios, comprar un carro y tener una tienda.


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 Maria Rosario Pillpe Loayza's Group


Loan has been disbursed
 
Entrepreneur: Maria Rosario Pillpe Loayza's Group
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to the group, consisting of Maria Rosario Pillpe Loayza, Edith Janina Yarin Ventura, Gloria Elisa Yarin Ventura by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 6 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Apr 28, 2008
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Kiva Help Repayment Schedule for Maria Rosario Pillpe Loayza's Group

  Expected Repayments Actual Repayments Comments
July 2008 $158.33 $159.00 Repayment Received
August 2008 $158.33 $159.00 Repayment Received
September 2008 $158.33 $159.00 Repayment Received
October 2008 $158.33 $159.00 Repayment Received
November 2008 $158.33 $159.00 Repayment Received
December 2008 $158.35 $155.00 Repayment Received