Alfredo


Status: Paid Back

$200.00   Loan Request
$200.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $200.00
Loan Use: Increase capital to purchase more raw materials.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 25, 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



Alfredo is very admirable as a father and an artisan because after he supported his wife so that she could go work outside of the country he had to suffer from her disinterest and abandon. His wife never returned home and for this reason Alfredo had to take on the difficult task of educating and raising his little children whose mother didn't think twice about leaving them. His artisan work helped him to feed and educate his children and now he works in partnership with his brother in order to increase his production and start to sell his products in other cities in his beloved country, Peru.

Translated from Spanish by a Kiva volunteer.



ALFREDO, es una persona muy admirable como padre y como artesano debido a que después de que apoyó a su esposa para que pueda ir a trabajar fuera de su país tuvo que sufrir el desinterés y abandono de su pareja quien no regresó desde aquel día por esa razón Alfredo tuvo que asumir la difícil tarea de educar y criar a sus pequeños hijos a quienes su madre no le importó dejar.Su desempeño artesanal le ayudó a alimentar y a educar a sus hijos y ahora se encuentra trabajando con su hermano en sociedad con el propósito de elevar su producción e iniciar la comercialización de sus productos en otras ciudades de su amado Perú.


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Lenders to this entrepreneur

Snak
Markham, Ontario
Canada

Anonymous
Wageningen,
Netherlands



Journal entries for Alfredo


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

Thank you for your loan. It has been disbursed to Alfredo 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 10, 2008
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End of Loan Update
 
Entrepreneur: Alfredo
Location: Location Undisclosed, Peru

Alfredo Leon Gamarra lives and works in the town of San Pedro de Cajas in the sierra province of Junín in Peru. According to the season, Alfredo works as either a contract laborer for the municipality or as an independent artisan. From October to January, when demand is low, he works for the local government constructing houses out of lumber and concrete. Around May, there is an increased interest in artesanía and he sells his wares to clients in Lima. He has a 14 year-old daughter but her mother left them some years ago. To pay for your loan, he is using his earnings as a contract laborer. The hours for a government laborer are pretty good compared to the artisan alternative (ie rising before dawn and working ‘til sunset). A contract laborer works from 8am to 12pm, breaks an hour for lunch, and works again from 1pm to 5pm; they work Monday to Saturday. When he is working in artesanía, he makes small half-meter long tapestries and backpacks. He sells the tapestries for eight soles each and can make five a day. His backpacks cost eighteen soles and he can make eight of these a day. Alfredo’s dreams are for his daughter, Shirley. He wants her to finish school and go on to study in higher education. Thank you for supporting Alfredo.


Posted by Joshua Bull from Location Undisclosed, Peru
Jan 29, 2009
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Kiva Help Repayment Schedule for Alfredo

  Expected Repayments Actual Repayments Comments
August 2008 $33.33 $34.00 Repayment Received
September 2008 $33.33 $34.00 Repayment Received
October 2008 $33.33 $34.00 Repayment Received
November 2008 $33.33 $34.00 Repayment Received
December 2008 $33.33 $34.00 Repayment Received
January 2009 $33.35 $30.00 Repayment Received