Sara López Pinedo


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

Name: Sara López Pinedo
Location: Callería - Ucayali, Peru
Activity: General Store

About the Loan

Loan Amount: $650.00
Loan Use: Purchase products for a general store at wholesale prices
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 21, 2008
Date Disbursed: Aug 4, 2008
Date Funded:Jul 21, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8450 PEN = 1 USD



Sara belongs to “Las Azucenas II” Communal Bank located in the Unión de Damnificados neighborhood of Callería in the state of Ucayali. She is 42 years old and the mother of three children. Her husband is an electrical technician.


With the first loan of 300 soles that Sara received from Manuela Ramos, she decided to invest in the purchase of products for a grocery store. Nowadays she continues to sell groceries and little by little is introducing hardware items. In the evenings she receives additional income selling foods typical of the region and is very happy because she is progressing. With this loan of 1,800 soles, which she plans to repay in five months, she will buy three sacks of rice, three sacks of sugar, two cases of milk and some hardware items. Sara feels very grateful to the Manuela Ramos bank because thanks to it, she can continue to grow her business. She has the desire to continue growing until she has her own bookstore and mini hardware store.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.



La señora Sara pertenece al Banco Comunal Las Azucenas II , ubicado en el AA.HH Unión de Damnificados Mz.B Lt.8, del Distrito de Calleria del Departamento de Ucayali. Tiene 42 años es madre de 3 hijos, su esposo es Técnico Electricista. Sara con el primer préstamo que recibió de Manuela Ramos de S/.300 decidió invertir en la compra de productos de abarrotes.

En la actualidad continua con su venta de productos de abarrotes y esta implementándose poco a poco en lo que es ferretería; por las noches también tiene otro ingreso vende comida lo que son comidas regionales y que esta muy contenta por que esta progresando.

Con este préstamo recibido de S/ 1,800 el cual será pagado en 5 meses, comprará 3 sacos de arroz, 3 sacos de azúcar, 2 caja de leche, y un poco de ferretería

Sara se siente muy agradecida con el Banco Manuela Ramos ya que gracias a ello puede seguir creciendo su negocio ella tiene toda esperanza de seguir creciendo hasta lograr formar su librería y mini ferretería.


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Journal entries for Sara López Pinedo


Loan has been disbursed
 
Entrepreneur: Sara López Pinedo
Location: Callería - Ucayali, Peru

Thank you for your loan. It has been disbursed to Sara López Pinedo by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 5 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Callería - Ucayali, Peru
Aug 4, 2008
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Kiva Help Repayment Schedule for Sara López Pinedo

  Expected Repayments Actual Repayments Comments
November 2008 $130.00 $130.00 Repayment Received
December 2008 $130.00 $130.00 Repayment Received
January 2009 $130.00 $130.00 Repayment Received
February 2009 $130.00 $130.00 Repayment Received
March 2009 $130.00 $130.00 Repayment Received