Gumercinda


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Gumercinda
Location: Location Undisclosed, Peru
Activity: Traveling Sales

About the Loan

Loan Amount: $500.00
Loan Use: Increase of working capital to be able to offer a bigger quantity of products.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 24, 2008
Date Disbursed: May 12, 2008
Date Funded:Apr 28, 2008
Loan Ended:Dec 16, 2008

About the Country

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



Gumercinda is a very popular and enterprising lady. Since she was a young girl, she has always tried to generate her own income to support her humble parents with the expenses of her home. So after she concluded her secondary studies she decided to work selling seasonal products. Now, for this season she is selling a big variety of gifts for weddings. She buys the products wholesale in the city of Tacna and she sells them in the city of Juliaca and other bordering little towns. Thanks to this small business she is managing to cover her basic needs and at the same time, support economically her dear parents. Gumercinda has many plans with her business and she is certain that with your support she will be able to increase her working capital and increase her profits in a short period of time.

Translated from Spanish by Ana Gabriela Clark, Kiva Volunteer.



Gumercinda es una dama muy popular y emprendedora, desde niña siempre ha tratado de generar sus propios ingresos para apoyar a sus humildes padres con los gastos de su hogar, es así que cuando concluyó sus estudios secundarios decidió dedicarse a la venta de productos por campañas. Ahora, por esta temporada oferta una gran variedad de regalos para matrimonios, mercadería que trae al por mayor de la ciudad de Tacna y ofrece en la ciudad de Juliaca y demás pueblitos aledaños, gracias a este pequeño negocio está logrando cubrir sus necesidades primarias y al mismo tiempo apoyar económicamente a sus queridos padres.Gumercinda tiene muchos planes con su negocio y está segura que con tu apoyo podrá aumentar el monto de inversión e incrementar sus beneficios en corto tiempo.


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Lenders to this entrepreneur

William
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Laurence
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Sam Snyder
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Henrik
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Tana
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Anonymous
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John
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Deb
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Journal entries for Gumercinda


Loan has been disbursed
 
Entrepreneur: Gumercinda
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Gumercinda 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 Location Undisclosed, Peru
May 12, 2008
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Kiva Help Repayment Schedule for Gumercinda

  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 $84.00 Repayment Received
January 2009 $83.35 $80.00 Repayment Received