William


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $725.00
Loan Use: Purchase seeds and fertilizer to increase production.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 4, 2008
Date Disbursed: Jun 19, 2008
Date Funded:Jun 5, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8435 PEN = 1 USD



Thanks to the support from his beloved family William has been able to fulfill his dream of owning a house where his children can grow in a healthy way with no limitations, and thanks to his work as a farmer he can cover their needs for their development. William’s land is necessary for the support of his economy and his animals represent an extra income as he obtains earnings daily from selling milk and cheese, activity carried out by his wife. Due to the loss caused by climate factors he has not been able to capitalize and for that reason he requests a loan in order to improve the sowing and production for this season.

Translated from Spanish by Lene Struck, Kiva volunteer.



William, gracias al apoyo de sus seres queridos ha podido consolidar su sueño de tener una casa propia donde sus hijos puedan crecer sanos y sin limitaciones y gracias a su labor de agricultor puede ofrecerles lo necesario para su desarrollo. Los terrenos de William son indispensables para el mantenimiento de su economía y como una ayuda son sus animales con los cuales puede obtener ingresos diarios gracias a la venta de leche y queso que realiza su esposa. Debido a las pérdidas que tuvo por factores climatológicos no ha podido capitalizar su inversión y por esa razón solicita un préstamo a fin de mejorar su siembra y producción esta temporada.


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Journal entries for William


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

Thank you for your loan. It has been disbursed to William 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
Jun 19, 2008
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Kiva Help Repayment Schedule for William

  Expected Repayments Actual Repayments Comments
September 2008 $120.83 $121.00 Repayment Received
October 2008 $120.83 $121.00 Repayment Received
November 2008 $120.83 $121.00 Repayment Received
December 2008 $120.83 $121.00 Repayment Received
January 2009 $120.83 $120.17 Repayment Received
February 2009 $120.85 $120.83 Repayment Received