María Angélica


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: María Angélica
Location: Huancayo, Peru
Activity: Embroidery

About the Loan

Loan Amount: $350.00
Loan Use: Purchase materials for embroidery
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 8, 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:2.9600 PEN = 1 USD



María is a young woman with a desire to work. She lives with her mother whom she loves and cares for every day. Her mother worked indefatigably to sustain her and now María, as a grateful daughter, does that for her. She works independently embroidering cotton and linen fabrics and at other times as a conductress for a transportation company. Her young spirit allows her to dream big and she longs to become an important embroidery entrepreneur. In the meantime she continues to work with her hands doing what she enjoys the most. María needs to increase the production of her work and to buy a large quantity and variety of thread.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.



María es una joven mujer con ansias de trabajar, ella vive con su mamá a la que ama y cuida diariamente. Su madre se esforzó incansablemente para sostenerla y ahora María como una hija agradecida, vela por ella. Se desempeña trabajando independientemente en el bordado de fustanes y durante otros momentos como cobradora en una línea de transporte. Su espíritu joven la lleva a soñar en grande, pues uno de sus anhelos es llegar a ser una gran empresaria del bordado. Mientras tanto, sigue trabajando con sus manos en lo que más disfruta, María necesita mejorar la producción de sus prendas y comprar gran cantidad y variedad de hilos.


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Lenders to this entrepreneur

Tom
Sunland, California,
United States

Frances
Bellingham, WA
United States

Joan
Las Vegas, NV
United States

Anonymous
Portland, OR
United States

Karianne & Tollef
Oslo,
Norway

Robin
la habra, CA
United States

Patricia & Frank
Mason, OH
United States

Doug Wong
Calgary, AB
Canada

Antti
Espoo,
Finland

Anonymous
Minato-ku, Tokyo
Japan

Henry
Bloomington, IN
United States



Journal entries for María Angélica


Loan has been disbursed
 
Entrepreneur: María Angélica
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to María Angélica 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 Huancayo, Peru
Jul 23, 2008
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Kiva Help Repayment Schedule for María Angélica

  Expected Repayments Actual Repayments Comments
October 2008 $58.33 $59.00 Repayment Received
November 2008 $58.33 $59.00 Repayment Received
December 2008 $58.33 $57.00 Repayment Received
January 2009 $58.33 $58.34 Repayment Received
February 2009 $58.33 $58.33 Repayment Received
March 2009 $58.35 $58.33 Repayment Received