Marina


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Marina
Location: Ayacucho, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $425.00
Loan Use: To buy shortening, firewood, and flour.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 15, 2008
Date Disbursed: Jun 29, 2008
Date Funded:Jun 15, 2008
Loan Ended:Oct 31, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8555 PEN = 1 USD



Click this link to view Marina's first loan


Marina is a member of the Village Bank Tu Angel Lucy.


Marina is married, 50 years old and has four children. Marina makes various kinds of breads in an oven that she rents. She sells her breads by walking from store to store as well as in the April 12 Market in the afternoons. Marina also makes gelatine that she sells in the April 12 Market with the help of some children.


Marina needs a loan of 1200 soles ($US425), money which will be invested in the purchase of shortening, firewood, and flour.


Marina's dreams are to have a car with which she can transport her breads, to make her business better and to offer the best life to her children that she can.


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Journal entries for Marina


Loan has been disbursed
 
Entrepreneur: Marina
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Marina by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 4 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Jun 30, 2008
Comments (3)

Marina
 
Entrepreneur: Marina
Location: Ayacucho, Peru

Marina es socia del Banco Comunal Tu Ángel Lucy.

Marina tiene 4 hijos de los cuales 2 viven con ella, uno de ellos estudia en la universidad mientras que el otro trabaja, Marina es panificadora y elabora panes variados, actividad que realiza en un horno alquilado. Además prepara gelatinas que vende con la ayuda de niños. Marina obtuvo un préstamo de 1200 soles dinero que fue invertido en la compra de sacos de harina a 113 soles cada saco. En los últimos meses sus ventas se mantuvieron. Marina sigue ahorrando para mejorar su casa.


Posted by Patricia Zamudio Núñez from Ayacucho, Peru
Jan 29, 2009
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Kiva Help Repayment Schedule for Marina

  Expected Repayments Actual Repayments Comments
September 2008 $106.25 $107.00 Repayment Received
October 2008 $106.25 $107.00 Repayment Received
November 2008 $106.25 $107.00 Repayment Received
December 2008 $106.25 $104.00 Repayment Received