Balbina


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $375.00
Loan Use: Increase of working capital to buy more raw materials.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 24, 2008
Date Disbursed: May 9, 2008
Date Funded:Apr 25, 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



Balbina is 23 years old. She is a young woman who has just formed her family with a big desire of progress and she wants to offer the best in herself in order to improve her living conditions and being able to offer tranquility and well-being to the children that she wants to have. Now, she decided to work creating handycrafts, using the valuable knowledge that her mother taught her. She makes beautiful chullos (Peruvian Andean hats), gloves and scarves that are sold wholesale in the market San Jose of the city of Juliaca. Recently, after noticing the increase in the demand of her products, Bablina decided to extend and increase the variety of her production, but she still doesn’t have enough working capital to invest in raw materials. Let’s help Balbina make her dreams come true.

Translated from Spanish by Ana Gabriela Clark, Kiva Volunteer.



Balbina de 23 años de edad, es una muchacha que acaba de formar su familia con muchas ilusiones de progreso y brindar lo mejor de sí para mejorar su condición de vida y ofrecer tranquilidad y bienestar a los hijos que desea tener. Ahora plasmando los valiosos conocimientos que su madre inculcó en ella decidió dedicarse a la artesanía, y elabora hermosos chullos, guantes y chalinas que son vendidos al por mayor en el mercado San José de la ciudad de Juliaca, hace poco observando la cantidad de solicitudes Balbina decidió ampliar y aumentar la variedad de su producción, pero aún no cuenta con suficiente capital para invertir en materia prima. Solidaricémonos con Balbina para concretar sus planes, vuestro importante aporte permitirá cristalizar sus sueños.


Subscribe

Lenders to this entrepreneur

Sophie

United States

Sue
HAMPTON PARK, Victoria
Australia

angelique
capelle aan den ijssel,

Julia
KivaFriends.org, Pasadena, CA
United States

Rebecca
lexington, MA
United States

Henry
Bloomington, IN
United States

Melinda
Jerrabomberra, NSW
Australia

Frederik
Virum,
Denmark

Susan
Flemington, NJ
United States

Martin
Bærum, Akershus
Norway

Diane
Fallston, MD
United States

Sara Marie
Grand Junction, CO
United States

Joe
Beaconsfield, Quebec
Canada



Journal entries for Balbina


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

Thank you for your loan. It has been disbursed to Balbina 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 9, 2008
Comment on this entry

Kiva Help Repayment Schedule for Balbina

  Expected Repayments Actual Repayments Comments
August 2008 $62.50 $63.00 Repayment Received
September 2008 $62.50 $63.00 Repayment Received
October 2008 $62.50 $63.00 Repayment Received
November 2008 $62.50 $63.00 Repayment Received
December 2008 $62.50 $63.00 Repayment Received
January 2009 $62.50 $60.00 Repayment Received