Nancy Chavez Garcia


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Nancy Chavez Garcia
Location: Trujillo - La Libertad, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $500.00
Loan Use: With the loan she will purchase ingredients to make her products.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 8, 2008
Date Disbursed: May 26, 2008
Date Funded:May 12, 2008
Loan Ended:Dec 15, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.7155 PEN = 1 USD



Nancy Chávez García is 39 years old and lives in a township called Aurora Diaz in the Salaverry District, in the Province of Trujillo, in the Department of La Libertad. She completed her third year of high school and has 2 children that depend on her.


Nancy prepares and sells lunch and during the summer she sells gelatin desserts and other products outside her house. She has also built a pool in her yard that she rents to children in her neighborhood who are looking for summer entertainment.


Nancy is one of the founding partners of the communal bank “Las Auroras en Acción” and was one of the most diligent in gathering women to form the communal bank.


The loan she obtained was very useful because she invested her money in pool repairs so that she can run the pool during the summer. Thanks to the loan her business has done well.


With the S/.1,300 loan that she will pay back in 6 months, she will buy basic products and more ingredients for her lunch business that is part of the Mother’s Club “Purisima Concepción.” She is very happy that she has been able to serve her community.

Nancy’s big dream is to set up her own restaurant where she can serve breakfast and lunch.

Translated from Spanish by Jennie Campos, Kiva volunteer.



La señora Nancy Chávez García tiene 39 años de edad, vive en el sector llamado Aurora Díaz del Distrito de Salaverry, Provincia de Trujillo, Departamento de La Libertad, estudió hasta el tercer año de secundaria. Tiene 2 hijos que aun dependen de ella.


La señora Nancy prepara y vende almuerzo, también en tiempo de verano vende marcianos y gelatina afuera de su casa. Además ha construido una piscina en el patio de su domicilio en el que alquila a los niños de su barrio que deseen divertirse en verano.


La señora Nancy es una de las socias fundadoras del Banco Comunal “Las Auroras en Acción” fue la más empeñosa en reunir a otras mujeres para formar el banco comunal.


El préstamo que obtuvo le fue de mucha utilidad ya que lo invirtió para reparar su piscina de algunas imperfecciones, el cual le serviría para trabajarlo en verano. Gracias a eso le ha ido muy bien en su negocio.


Con el préstamo de S/.1, 300 que pagará en seis meses comprara productos de primera necesidad y demás ingredientes para cocinar para el comedor al que pertenece “Purísima Concepción” ,se siente muy contenta de poder servir a su comunidad.


La señora Nancy tiene un gran sueño es poner su propio restaurante en el que ofrezca desayunos y almuerzo.


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Journal entries for Nancy Chavez Garcia


Loan has been disbursed
 
Entrepreneur: Nancy Chavez Garcia
Location: Trujillo - La Libertad, Peru

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


Posted by from Trujillo - La Libertad, Peru
May 26, 2008
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Kiva Help Repayment Schedule for Nancy Chavez Garcia

  Expected Repayments Actual Repayments Comments
August 2008 $83.33 $84.00 Repayment Received
September 2008 $83.33 $84.00 Repayment Received
October 2008 $83.33 $84.00 Repayment Received
November 2008 $83.33 $84.00 Repayment Received
December 2008 $83.33 $81.00 Repayment Received
January 2009 $83.35 $83.00 Repayment Received