Hilda Maria's Group
Status: Paid Back
| $300.00 | Loan Request | |
|---|---|---|
| $300.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Hilda Maria's Group |
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| Group Members: |
Liz Lucila Hilda Maria |
| Location: | Ayacucho, Peru |
| Activity: | Cosmetics Sales |
About the Loan
| Loan Amount: | $300.00 |
|---|---|
| Loan Use: | Liz, Lucila, and Hilda María are asking for loans of 200 soles, 400 soles, and 200 soles, respectively, money which will be invested in the purchase of cosmetics, sweets, and soda and beer to add to their businesses. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 23, 2008 |
| Date Disbursed: | Jul 8, 2008 |
| Date Funded: | Jun 24, 2008 |
| Loan Ended: | Dec 15, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | FINCA Peru |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 28 months |
| Kiva Entrepreneurs: | 9340 |
| Total Loans: | $2,717,400 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
|---|---|
| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 2.8771 PEN = 1 USD |
Liz has a business of selling cosmetics from house to house, and has been doing this for 2 years. Lucila sells sweets at the front doors of schools to children and has been doing this for 10 years.
Hilda María sells drinks such as beer and sodas out of her home, which she has been doing for 10 years.
Liz, Lucila, and Hilda María are asking for loans of 200 soles, 400 soles, and 200 soles, respectively, money which will be invested in the purchase of cosmetics, sweets, and soda and beer to add to their businesses.
Liz´s dream is to have enough money to support and raise her new baby, Lucila´s dream is to finish the house she is building, and Hilda María dreams that all her children will receive good educations.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Hilda Maria's Group
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Loan has been disbursed
Location: Ayacucho, Peru
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Posted by
from Ayacucho, Peru
Jul 8, 2008 |
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Comment on this entry
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Repayment Schedule for Hilda Maria's Group
Repayment Schedule for Hilda Maria's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2008 | $75.00 | $75.00 |  Repayment Received
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| November 2008 | $75.00 | $75.00 | Repayment Received
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| December 2008 | $75.00 | $75.00 | Repayment Received
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| January 2009 | $75.00 | $75.00 | Repayment Received
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