Elsa


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $750.00
Loan Use: Injection of capital to increase her production
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 26, 2008
Date Disbursed: May 10, 2008
Date Funded:Apr 26, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.7300 PEN = 1 USD



Driven by her desires to get ahead and her great desire to continue with the family business, Elsa decided to dedicate herself to the making of wool sweaters by machine. With the support of her parents and siblings, they have formed a small company that now has prospered quite a bit. Right now they are focusing on making school sweaters and when that season ends they will focus on making sweaters for women and men of diverse styles. She is always aware of the latest styles and designs and wants to take advantage of this period that has just recently started to increase her production.

Translated from Spanish by Donald Allen, Kiva volunteer.



Movida por los deseos de superación y el gran deseo de continuar con el negocio familiar, Elsa, decidió dedicarse a la confección de chompas de lana a máquina. Con apoyo de sus padres y hermanos han formado una microempresa que hoy ha prosperado bastante y se dedican ahora a la confección de chompas escolares, cuando esta temporada acaba se dedicarán a la confección de chompas para damas y caballeros de diversos modelos y siempre pendiente de las ultimas tendencias y diseños, quiere aprovechar esta época que hace poco ha dado inicio y aumentar su producción.


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Don & Milly
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Andrew
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Michelle
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Debbie
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Steve
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Darwin & Tami
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Warren
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Betty
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Hans
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SCOTT
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Penny
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Jessica
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Rene'
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Journal entries for Elsa


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

Thank you for your loan. It has been disbursed to Elsa by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 7 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 11, 2008
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Kiva Help Repayment Schedule for Elsa

  Expected Repayments Actual Repayments Comments
August 2008 $107.14 $108.00 Repayment Received
September 2008 $107.14 $108.00 Repayment Received
October 2008 $107.14 $108.00 Repayment Received
November 2008 $107.14 $108.00 Repayment Received
December 2008 $107.14 $108.00 Repayment Received
January 2009 $107.14 $102.85 Repayment Received
February 2009 $107.16 $107.15 Repayment Received