Wilber


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Wilber
Location: Juliaca, Peru
Activity: Blacksmith

About the Loan

Loan Amount: $375.00
Loan Use: To purchase iron and wire to continue making steel rings for cord, enabling him to pay for technical school.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 15, 2008
Date Disbursed: Jul 29, 2008
Date Funded:Jul 15, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8075 PEN = 1 USD



Wilber is a diligent young man who finished high school a few months ago. His financial limitations did not allow him to continue his studies at University, so he opted to continue studying at a Technical College. This young man, with the support of his brothers, decided to work as a blacksmith, making a variety of steel rings for cord. This small, but indispensable business generates the income that allows him to cover the costs of school. Wilber is hard-working but does not have sufficient raw materials to continue making steel rings at this time. He needs a loan of $375, money with which he plans to purchase iron and wire to continue his work.



Translated from Spanish to English by Laura Jung, Kiva volunteer.



Wilber es un diligente joven que hace algunos meses concluyó sus estudios secundarios, sus posibilidades económicas no le permiten seguir estudios universitarios, por ello, optó por continuar una carrera técnica superior. Actualmente este joven, con el apoyo de sus hermanos decidió dedicarse a elaborar variedad de argollas para sogas, este pequeño, pero indispensable negocio le está generando ingresos que le permiten cubrir las necesidades de sus estudios superiores.Este joven hacendoso en estos momentos no cuenta con suficiente materia prima para seguir elaborando sus argollas, desea obtener un préstamo de 1000 soles, dinero con el que tiene planeado comprar fierro y alambre para seguir con su trabajo.



Lenders to this entrepreneur

Anonymous
Utrecht,
Netherlands

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

Ricardo
São José, Santa Catarina
Brazil

Arad
San Francisco, CA
United States

Greg
Overland Park, KS
United States

Anonymous
Toronto, Ontario
Canada

Bekah
Portland, OR
United States

Axel
München,
Germany

Louise
New york, NY
United States

Kerrie
Epping, New South Wales
Australia

steve roh
philadelphia, pa
United States

Ellie
Salisbury, Wiltshire
United Kingdom

Richard
Van Nuys, CA
United States



Journal entries for Wilber


Loan has been disbursed
 
Entrepreneur: Wilber
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Wilber 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 Juliaca, Peru
Jul 30, 2008
Comment on this entry

Kiva Help Repayment Schedule for Wilber

  Expected Repayments Actual Repayments Comments
October 2008 $62.50 $63.00 Repayment Received
November 2008 $62.50 $63.00 Repayment Received
December 2008 $62.50 $62.00 Repayment Received
January 2009 $62.50 $62.01 Repayment Received
February 2009 $62.50 $62.50 Repayment Received
March 2009 $62.50 $62.49 Repayment Received