Susana Aída


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Susana Aída
Location: Tarma, Peru
Activity: General Store

About the Loan

Loan Amount: $450.00
Loan Use: Investment capital for a new project.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 9, 2008
Date Disbursed: Jul 24, 2008
Date Funded:Jul 10, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9458 PEN = 1 USD



Susana is a hardworking woman. With the help of her husband, who works as a miner, she was able to open a small store and achieve her dream of having her own business without having to leave her work in the country. Susana now wants to set up a space with arcade games for the diversion of her neighbors. This way she can set up a new project with her oldest son who helps her in his free time when he’s not studying. One of her limitations is that she does not have sufficient money to defray the costs of this project. We therefore hope that you can help with Susana’s request.

Translated from Spanish by Cindy M., Kiva Volunteer.



Susana es una mujer muy trabajadora que con el apoyo de su esposo, quien trabaja como minero, pudo abrir una pequeña tienda, y consolidar su sueño de un negocio propio, sin dejar de lado el trabajo en el campo. Sin embargo, Susana ahora desea poder tener aparte, un espacio con juegos de tragamonedas para la distracción de sus vecinos y así iniciar un nuevo proyecto junto a su hijo mayor quien le ayuda las veces que está libre y fuera de sus estudios. Pero una de sus limitaciones es que no cuenta con el dinero suficiente para costear los gastos de este proyecto. Esperamos entonces que usted pueda atender la solicitud de doña Susana.


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Lenders to this entrepreneur

Javier

Spain

A&U
Houston, TX
United States

David
Praha,
Czech Republic

Anonymous
Allschwil,
Switzerland

Anonymous
Columbia, SC
United States

Kay
Vienna, VA
United States



Journal entries for Susana Aída


Loan has been disbursed
 
Entrepreneur: Susana Aída
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Susana Aída 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 Tarma, Peru
Jul 24, 2008
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Update on Susana
 
Entrepreneur: Susana Aída
Location: Tarma, Peru

Mrs. Susana Aida Alay Buendia owns a store (the largest in Chires) in her pueblo in the sierras of Junín Province, Peru. She began the store with her first loan from Microfinanzas PRISMA and with her fourth – yours – she has invested more in the store and in her potato fields. Mrs. Buendia’s husband works in the mines and her four sons attend school both in the pueblo and in the nearby town of Huayahuasi (Chires only has a primary school, two attend that; Huayahuasi is a 90-minute hike away and the other two go to high school there). While Susana attends her store, she has three full-time employees who work the family’s four hectares of potatoes and are paid 20 soles a day each. During harvest-time, this number expands to 15 or 16 workers. The store helps her pay for lunches for herself and her kids and a few extra luxuries; the real family income comes from the potato fields.

Susana specializes in selling potato seeds rather than just the end crop. She sells the full-size potatoes at the market in nearby towns while the seeds she sells to businessmen from Arequipa in the south. Her next harvest will come from January to March. Each hectare of her fields requires 20 sacks of potato seeds so she reinvests 80 sacks a harvest back into her own fields. The land itself is rented from her grandmother. Susana’s dream is to leave the small pueblo and move to Huancayo (a town of 350,000 people with a university) so that her children will get a good education. Her oldest is wanting to study heavy machinery in an institute.

I made a video of my journey to her village and posted it on the Fellowsblog here: http://fellowsblog.kiva.org/2008/12/21/a-day-in-the-life-of-a-kiva-fellow/


Posted by Joshua Bull from Tarma, Peru
Jan 23, 2009
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Kiva Help Repayment Schedule for Susana Aída

  Expected Repayments Actual Repayments Comments
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $75.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received