Santos's Group
Status: Paid Back
| $1,050.00 | Loan Request | |
|---|---|---|
| $1,050.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Santos's Group |
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| Group Members: |
Luz Maria Lina Maribel Santos |
| Location: | Lima, Peru |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,050.00 |
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| Loan Use: | purchase merchandise for supplying their businesses |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 25, 2008 |
| Date Disbursed: | Jul 14, 2008 |
| Date Funded: | Jun 30, 2008 |
| Loan Ended: | Dec 15, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | FINCA Peru |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 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: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 2.9110 PEN = 1 USD |
Santos is married and has a child. She has been selling lingerie for 20 years and her business gradually grew.
Luna is married and has 3 school-age children. She sells clothes in a shopping arcade. Before that, she sold clothes from a trolley. Now she would like to pursue another business in the shopping arcade so as to supplement her income.
Luz is married and has 3 children. She has been selling shoes for women for a year now, and before that, she sold clothes. Her major issue is the lack of capital to purchase merchandise. Later she would like to have her own store.
Santos, Luna, and Luz are soliciting loans of 1600 soles (about US$ 560), 400 soles (US$ 140), and 1000 soles (about $ 350) respectively to purchase merchandise for supplying their businesses.
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
Luna is married and has 3 school-age children. She sells clothes in a shopping arcade. Before that, she sold clothes from a trolley. Now she would like to pursue another business in the shopping arcade so as to supplement her income.
Luz is married and has 3 children. She has been selling shoes for women for a year now, and before that, she sold clothes. Her major issue is the lack of capital to purchase merchandise. Later she would like to have her own store.
Santos, Luna, and Luz are soliciting loans of 1600 soles (about US$ 560), 400 soles (US$ 140), and 1000 soles (about $ 350) respectively to purchase merchandise for supplying their businesses.
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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Larry
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Joel
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Nana
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David
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Larry and Anne
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Kelly
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Deb
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Ben
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Elizabeth
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Kate
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Rudolf
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Fergie
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Glenn
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Dave
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William
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GSM
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Kerrien
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Anonymous
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Jillian
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Russ
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Amy
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Claudia
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Journal entries for Santos's Group
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Loan has been disbursed
Location: Lima, Peru
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Posted by
from Lima, Peru
Jul 14, 2008 |
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Comment on this entry
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Repayment Schedule for Santos's Group
Repayment Schedule for Santos's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2008 | $262.50 | $263.00 |  Repayment Received
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| November 2008 | $262.50 | $263.00 | Repayment Received
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| December 2008 | $262.50 | $263.00 | Repayment Received
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| January 2009 | $262.50 | $261.00 | Repayment Received
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