Fredy


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Fredy
Location: Huancayo, Peru
Activity: Internet Cafe

About the Loan

Loan Amount: $475.00
Loan Use: Purchase of two computers.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 20, 2008
Date Disbursed: Jun 3, 2008
Date Funded:May 20, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.7540 PEN = 1 USD



Fredy is a young man who wants to establish a source of income without letting himself be caught up by the difficult economic situation that has arisen in his country due to an employment shortage. For this reason he chose to open a telephone and computer room where he offers reception services, domestic and foreign telephone calls, and also Internet access. His goal is to offer wireless Internet and to establish a cafe in that space by which means he would continue to capitalize on his income. He is asking for a loan to buy two computers in order to continue improving his service.

Translated from Spanish by Kara Gibson, Kiva volunteer.



Fredy, es un joven que tiene como ideal establecer su propia fuente de ingreso sin dejarse llevar por la difícil situación económica que se atraviesa en su país por la escasez de empleo. Por esa razón optó por abrir un locutorio para brindar servicios de recepción y llamadas telefónicas dentro y fuera de su país y también Internet.Tiene como meta ofrecer el servicio de Internet inalámbrico y establecer un café en ese espacio para lo cual seguirá capitalizando sus ingresos pero en esta oportunidad solicita un préstamo para comprar un par de computadoras para seguir mejorando su servicio.


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Todd
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Laura
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Anonymous
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Keith
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Journal entries for Fredy


Loan has been disbursed
 
Entrepreneur: Fredy
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Fredy by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 8 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancayo, Peru
Jun 4, 2008
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Kiva Help Repayment Schedule for Fredy

  Expected Repayments Actual Repayments Comments
September 2008 $59.38 $60.00 Repayment Received
October 2008 $59.38 $60.00 Repayment Received
November 2008 $59.38 $60.00 Repayment Received
December 2008 $59.38 $60.00 Repayment Received
January 2009 $59.38 $56.88 Repayment Received
February 2009 $59.38 $59.38 Repayment Received
March 2009 $59.38 $59.38 Repayment Received
April 2009 $59.34 $59.36 Repayment Received