Margarita

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 and location be undisclosed)

Name:	Margarita
Location:	Location Undisclosed, Peru
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$475.00
Loan Use:	Purchase a lit storefront sign
Repayment Term:	10 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	May 10, 2008
Date Disbursed:	May 24, 2008
Date Funded:	May 10, 2008
Loan Ended:	Feb 15, 2009

About the Field Partner

Field Partner:

Microfinanzas Prisma

Field Partner Risk Rating:

(Learn more)

Active

28 months

6822

$3,325,625

0.01%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

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

Margarita has allways been a busy, hardworking woman. Her natural talent in the kitchen allowed her to prepare meals in banquets and social events as well as opening a small grill. She is able to acquire the necessary means to take care of her family thorugh the sale of pork rinds, fritters, small pieces of grilled skewered meat, etc.

She does not conform with waiting for her husbands paycheck and her wish is to open another grill to continue growing her business.

Margarita is requesting a microloan to purchase a lit storefront sign which the local government requires for her business to continue operating.

Translated from Spanish by Henry Corral, Kiva volunteer.<

Lenders to this entrepreneur

Francis
Los Altos, CA
United States

Gisele
Seeley's Bay, Ontario
Canada

Nomita
Lake Villa, IL
United States

João Pedro
Lisbon,
Portugal

Margaret kivafriends.org
Fairfield County, Connecticut
United States

LillyAnn
Chicago, IL
United States

Patricia
Oakland, CA
United States

Colleen
Duluth, GA
United States

Rosalie
Vineland, NJ
United States

Beverly
SCOTTSDALE, AZ
United States

Melva
Rusk, TX
United States

Schelly
mound, MN
United States

Michael Hermesh
Summerland, British Columbia
Canada

Simone
Arese,
Italy

Colin and Filu
Sidney, BC
Canada

Journal entries for Margarita

Loan has been disbursed Entrepreneur: Margarita Location: Location Undisclosed, Peru Thank you for your loan. It has been disbursed to Margarita 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 Location Undisclosed, Peru May 24, 2008
Comment on this entry

Recuperó su negocio. Entrepreneur: Margarita Location: Location Undisclosed, Peru Con el préstamo que obtuvo Margarita, pudo comprar más ingredientes para la preparación de sus comidas, además de emprender en otros lugares de venta, ya que el lugar anterior donde estaba no le resultaba rentable perdiendo de esta manera el capital de trabajo y pasando por momentos difíciles en la economía de su hogar. Siendo oportuno el préstamo logró salir a flote su negocio, por lo que Margarita agradece el crédito que se le otorgó Microfinanzas PRISMA ya que asñi pudo recuperar su inversión así como establecerse poco a poco su trabajo.
Posted by Betsabé Bruno Morales from Location Undisclosed, Peru Sep 10, 2009
Comment on this entry

Repayment Schedule for Margarita

Show Advanced

	Expected Repayments	Actual Repayments	Comments
August 2008	$59.38	$60.00	Repayment Received
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	$57.00	Repayment Received
January 2009	$59.38	$59.25	Repayment Received
February 2009	$59.38	$59.38	Repayment Received
March 2009	$59.34	$59.37	Repayment Received