Eulalia Pilco Benito


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

Name: Eulalia Pilco Benito
Location: Juli, Chucuito - Puno, Peru
Activity: Retail

About the Loan

Loan Amount: $375.00
Loan Use: Purchase of wool and materials in bulk.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 13, 2008
Date Disbursed: Jul 27, 2008
Date Funded:Jul 13, 2008
Loan Ended:Dec 15, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8155 PEN = 1 USD



Eulalia is 23 years old and completed high school. She is mother of one son and her vision is to have enough capital to constitute a business of Embroidering and bag making, and for her son to become a professional.


Eulalia is a partner of the Las Kantutas de Wilkauta Common Bank, of Mulla Contihueco, in the Juli disctrict, Chucuito Juli province, Puno region, Peru. She makes and sells bags and embroiders cloth tapestries, in addition to farming and cattle raising.


She learned to embroider when she was 12 years old, thanks to her mother. When she married her husband, Nilton Condori Quispe, she began making cloth bags, while embroidering tapestries. Since they lacked more capital to improve production they took out a loan for $115 from the Common Bank to buy 8 kilograms of red wool to make tapestries, and as a result increased their production and earnings.


With this loan of $375, which will be returned over a 4 month period, she will purchase 15 kilograms of wool in different colors, 25 meters of zippers, 10 bags of key-chains, and 300 buttons, with which she can increase her supplies.


She and her husband are very happy since they have improved their income from sales and fabrication of bags and embroidered tapestries, dealing directly to the local markets, such as Cusco and Puno.



Translated from Spanish to English by Laura Jung, Kiva Volunteer



Eulalia tiene 23 años de edad, estudió hasta superior no universitario, es madre de un hijo y su visión futura es tener más capital para constituir una Empresa de confección de Mochilas y Bordados, y sea profesional su hijo.

La señora Eulalia, es socia del Banco Comunal Las Kantutas de Willkauta del Centro Poblado Mulla Contihueco, del distrito de Juli y provincia de Chucuito Juli de la región Puno. Se dedica a la confección mochilas y Bordado de Panoramas de Bayetilla y como actividad complementaria es agricultura y ganadería.

Ella aprendió hacer Bordados desde los 12 años de edad gracias a su madre, cuando formaron el hogar con su esposo Nilton Condori Quispe, iniciaron con la Confección de Mochilas de Bayetilla y al mismo tiempo Bordados de Bayetilla. En ese entonces les faltó más capital para mayor producción y accedieron al préstamo de S/.300.00 nuevos del Banco Comunal para comprar 8 kilos de lana roja para confección de la bayeta, así logró incrementar su producción y ganancia.

Con este préstamo de S/. 1,000.00 nuevos soles, que cancelará en un plazo de cuatro meses, comprará de 15 kilos de lana de diferentes colores, 25 metros de cierres, 10 bolsas de llavecitas y 300 botones, con ello logrará incrementar su material de producción para confección.

Ella y su pareja se encuentran muy contentas ya que mejoró sus ingreso económicos por la venta de productos de confección de mochilas y Bordados, comercializando directamente a los mercados regionales como Cusco y Puno.



Lenders to this entrepreneur

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Jeffrey
Paget,
Bermuda

Kevin
Winston-Salem, North Carolina
United States

Geoff

Christmas Island

Melanie
Boulder, CO
United States

Steve
Montreal, Quebec
Canada

susan
Greenville, SC
United States

greg
Victoria, British Columbia
Canada

dana
santa rosa, CA
United States

Melissa
Louisville, Colorado
United States

valerie
Calgary, Alberta
Canada

Barbara
Santa Barbara, CA
United States

Val & Derek
Thornton, Colorado
United States

Bosi
Berlin, KivaFriends.org
Germany

Anonymous
Orange Beach, AL
United States



Journal entries for Eulalia Pilco Benito


Loan has been disbursed
 
Entrepreneur: Eulalia Pilco Benito
Location: Juli, Chucuito - Puno, Peru

Thank you for your loan. It has been disbursed to Eulalia Pilco Benito by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 4 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Juli, Chucuito - Puno, Peru
Jul 27, 2008
Comment on this entry

Kiva Help Repayment Schedule for Eulalia Pilco Benito

  Expected Repayments Actual Repayments Comments
October 2008 $93.75 $94.00 Repayment Received
November 2008 $93.75 $94.00 Repayment Received
December 2008 $93.75 $0.00 Repayment Received
January 2009 $93.75 $187.00 Repayment Received