Magdalena


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase capital to expand her business.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 17, 2008
Date Disbursed: Jul 10, 2008
Date Funded:Jun 26, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8900 PEN = 1 USD



The enthusiasm and joy that Magdalena transmits daily to her clients is her best advertisement and the chief reason that her customers buy their products from her. This diligent woman is both a mother and father to her young teenage children, who thanks to their team effort are achieving to improve their living standards. Magdalena sells school supplies and haberdashery, merchandise she offers as a peddler through the main intersections and local fairs in the city of Juliaca. Magdalena has planned to expand her business and to do that, she has come to us to request a loan.

Translated from Spanish by Evelyn Garcia, Kiva volunteer.



El entusiasmo y alegría que día a día transmite a sus clientes es su mejor carta de presentación y el principal motivo que tiene Doña Magdalena para que sus clientes adquieran sus productos. Esta diligente mujer es padre y madre de sus dos adolescentes hijos, quienes gracias al trabajo en equipo que desempeñan están logrando mejorar su calidad de vida, Magdalena se dedica al negocio de venta de útiles escolares y mercería, mercadería que ofrece en forma ambulatoria por las principales arterias y las ferias locales de su localidad Juliaca.Magdalena tiene proyectado ampliar su negocio y para ello se presenta ante vosotros para solicitarte un préstamo.


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Lenders to this entrepreneur

Anonymous

Carrol J.
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Jane
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eugenie
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Pete
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ELYN
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Joshua
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Juli
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Bob
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Gary
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Cindy
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Anonymous
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Delano
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Thomas
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Ric
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Anonymous

Suzanne
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John and Debbie
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Pam
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Tina
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Nicole
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Journal entries for Magdalena


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

Thank you for your loan. It has been disbursed to Magdalena 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
Jul 10, 2008
Comments (1)

Kiva Help Repayment Schedule for Magdalena

  Expected Repayments Actual Repayments Comments
October 2008 $200.00 $200.00 Repayment Received
November 2008 $200.00 $200.00 Repayment Received
December 2008 $200.00 $200.00 Repayment Received
January 2009 $200.00 $200.00 Repayment Received
February 2009 $200.00 $200.00 Repayment Received
March 2009 $200.00 $200.00 Repayment Received