Hernán Ricardo


Status: Paid Back

$175.00   Loan Request
$175.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Hernán Ricardo
Location: Tarma, Peru
Activity: Cattle

About the Loan

Loan Amount: $175.00
Loan Use: Buy animals of a better breed in order to improve the quality of his livestock
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 6, 2008
Date Disbursed: Jul 20, 2008
Date Funded:Jul 6, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8980 PEN = 1 USD




Hernán is a very loving father devoted to the needs of his young daughters, whom he adores. He works raising livestock and every morning leaves home to take his animals to pasture in the surrounding area. His desire is to improve the quality of his animals but in order to do this he would need to purchase livestock of better breeds, and these animals are very costly. He would need capital of 500 soles ($175), and at the moment he does not have that much money and he is requesting this loan. Hernán hopes that you trust in his hard work and honesty. Help Hernán improve his livestock’s breed.


Translated from Spanish by Laura Westin, Kiva volunteer.





Hernán es un padre muy amoroso y pendiente de las necesidades de sus pequeñas hijas, quienes son su adoración. Él se dedica a criar ganado, todas las mañanas sale a pastear a sus animales por los alrededores. Su anhelo es mejorar la calidad de sus animales, pero para ello tendría que comprar ganados de mejor raza, estos animales son sumamente costosos y tendría que tener un capital de 500 soles, y en estos momentos él no cuenta con esta cantidad, por ello solicita este préstamo. Hernán tiene la esperanza de que confíen en su trabajo y honestidad. Ayuda a Hernán a mejorar la raza de su ganado.

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Lenders to this entrepreneur

Eric
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joan
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Andrew
Chicago, IL
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Bob
Santa Monica, CA
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Journal entries for Hernán Ricardo


Loan has been disbursed
 
Entrepreneur: Hernán Ricardo
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Hernán Ricardo 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 20, 2008
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Update on Hernan
 
Entrepreneur: Hernán Ricardo
Location: Tarma, Peru

Mr. Hernan Ricardo Hidalgo Pacheco (pictured on the right) works for a company that specializes in building adobe houses and also has 2 hectares of potato fields. He has worked in construction for 8 years. When there is work, people will call him on his cell phone and he will have to travel to other cities for two to four weeks at a time. Hernan has a wife and five children aged 13, 11, 8, 5, and 2 respectively. With your loan, he has gotten a little extra capital to invest in his construction work and his fields. His next harvest is in March/April and at that time trucks will come to take his crop and pay him that season’s price for potatoes. His dream is to one day buy a house in Tarma, a town of 10,000 about 3 hours away from his village.

I made a video of my journey to Hernan Ricardo's 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 Hernán Ricardo

  Expected Repayments Actual Repayments Comments
October 2008 $29.17 $30.00 Repayment Received
November 2008 $29.17 $30.00 Repayment Received
December 2008 $29.17 $30.00 Repayment Received
January 2009 $29.17 $26.67 Repayment Received
February 2009 $29.17 $29.17 Repayment Received
March 2009 $29.15 $29.16 Repayment Received