Santos Cercano Acuña


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

Name: Santos Cercano Acuña
Location: Nueva Cajamarca, Rioja - San Martin, Peru
Activity: Traveling Sales

About the Loan

Loan Amount: $425.00
Loan Use: Buy a variety of cookies, desserts, candies and soft drinks.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 5, 2008
Date Disbursed: Jul 22, 2008
Date Funded:Jul 8, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9565 PEN = 1 USD



Santos Cercado Acuña belongs to the "Las Violetas" Communal Bank. She lives in the San Martín region and Rioja Province of Nueva Cajamarca. She sells typical Peruvian cookies and desserts (roscas, kekes, suspiros, biscochos) which she sells on one corner of the market on a heavily-traveled street.


She decided to start up her business after her husband left her and she became both father and mother to 6 young children. Her business is going well and now she has also started selling soft drinks.


With a loan of 1,200 soles, which will be repaid in 6 months, she will buy Peruvian cookies and desserts (kekes, tortas, roscas, piononos, alfajores, suspiros) on a daily basis as well as other types of sweets, and will also buy soft drinks in different flavors, sizes and brands, so that she can meet customer demand.


Santos Cercado Acuña is 40 years old and has 6 children, the youngest 2 live with her. She considers herself a fighter, persistent and feels she is a great example for her children.


Her goal is to have a store where she sells clothing and to be able to give work to other persons. She believes that with this type of job, she will be able to rest somewhat.


Translated from Spanish by Molly Puglisi, Kiva volunteer.



La señora Santos Cercado Acuña pertenece al Banco Comunal “Las Violetas”, vive en la Región San Martín y Provincia de Rioja en Nueva Cajamarca, se dedica a la venta de dulces como: Roscas dulces, kekes, suspiros, biscochos desarrolla su negocio en la esquina del mercado ya que es una avenida muy concurrida .


Decidió iniciar su negocio después de que su esposo abandonara el hogar, ella se convirtió en padre y madre para sus 6 menores hijos, le va muy bien que ahora esta surtiendo con bebidas gasificadas.


Con el crédito recibido de S/. 1,200.00 que será pagado en 6 meses comprará diariamente dulces como, kekes, tortas, roscas, piononos, alfajores, suspiros, y demás tipos de dulces, también bebidas como gaseosas de distintos sabores, tamaños y marcas y así satisfacer la gran demanda de sus clientes.


La señora Santos Cercado Acuña tiene 40 años y 6 hijos, ahora vive con sus 2 últimos hijos. Se considera luchadora, perseverante y siente que es un gran ejemplo para sus hijos.


Su meta es llegar a tener tienda donde vender ropa, y poder dar trabajo a mas personas, cree que con el este tipo de actividad descansará un poco.


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Lenders to this entrepreneur

Emilio
Phoenix, AZ
United States

Fairuz & Monty
San Francisco, CA
United States

Kay
Columbia, MD KivaFriends.org
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Kai
Leipzig,
Germany

Alice

Germany

Christina
San Francisco, CA
United States

Anonymous
Atlanta, GA
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marc
nottingham, Nottinghamshire
United Kingdom

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
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Anonymous
Chicago, IL
United States

Kai
Tampa, FL
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Alexander
Vancouver, British Columbia
Canada

Tom
Santa Clara, CA
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Ed and Cynthia
Chapel Hill, NC
United States

Lorraine & Robert
Lake Katrine, NY
United States

Christine
Arcadia, CA
United States



Journal entries for Santos Cercano Acuña


Loan has been disbursed
 
Entrepreneur: Santos Cercano Acuña
Location: Nueva Cajamarca, Rioja - San Martin, Peru

Thank you for your loan. It has been disbursed to Santos Cercano Acuña by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 6 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Nueva Cajamarca, Rioja - San Martin, Peru
Jul 23, 2008
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Update: Santos Cercano Acuña
 
Entrepreneur: Santos Cercano Acuña
Location: Nueva Cajamarca, Rioja - San Martin, Peru

Entrepreneur: Santos Cercano Acuña

Communal Bank: Las Violetas

Location: Nueva Cajamarca, Moyobamba, San Martín - Perú

Loan amount: S/. 1200.00 (soles)

Santos is 40 years-old and she sells sweets from a cart she parks at the local market entrance. Her children help her with this and with all her endeavors. She gets the sweets from local bakeries and some she prepares herself using a small oven that she's had for a while.

Santos wants to buy more display cases where she can show her sweets and this way increase her sales. In the future, she would like to have her own bakery.

As for the loan she received, she used it to buy a skylight and to finish building her house – which has always been her dream. Santos also supports her children who are still studying and she wants to keep supporting them so they can get ahead.


Posted by Diana Rodriguez from Nueva Cajamarca, Rioja - San Martin, Peru
Mar 4, 2009
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Kiva Help Repayment Schedule for Santos Cercano Acuña

  Expected Repayments Actual Repayments Comments
October 2008 $70.83 $71.00 Repayment Received
November 2008 $70.83 $71.00 Repayment Received
December 2008 $70.83 $71.00 Repayment Received
January 2009 $70.83 $70.33 Repayment Received
February 2009 $70.83 $70.83 Repayment Received
March 2009 $70.85 $70.84 Repayment Received