Ignasia And Rosa Group
Status: Paid Back
| $375.00 | Loan Request | |
|---|---|---|
| $375.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)| Group Name: | Ignasia And Rosa Group |
|---|---|
| Group Members: |
Ignacia Rosa Maria |
| Location: | Location Undisclosed, Peru |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $375.00 |
|---|---|
| Loan Use: | To invest in fabrics, cookies, caramels and sodas. |
| Repayment Term: | 7 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 25, 2008 |
| Date Disbursed: | Aug 8, 2008 |
| Date Funded: | Jul 25, 2008 |
| Loan Ended: | Jan 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | FINCA Peru |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9340 |
| Total Loans: | $2,717,400 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
|---|---|
| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 2.8435 PEN = 1 USD |
Ignasia, a single 48-year-old mother of one daughter, has a small workshop in her house where she has two machines upon which she makes aprons that she sells at different regional markets, usually on credit.
Rosa, a single, 33-year-old mother of two children, sells candies, fruits, jellos and chicha (a traditional drink) on the street side near a hospital in the city of Ayacucho.
Ignasia and Rosa need loans to invest in fabrics, cookies, caramels and sodas.
Ignasia and Rosa’s dreams are to improve their businesses, have a stable store and ensure that their children study hard.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Ignasia And Rosa Group
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Loan has been disbursed
Location: Location Undisclosed, Peru
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Posted by
from Location Undisclosed, Peru
Aug 9, 2008 |
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Comment on this entry
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Repayment Schedule for Ignasia And Rosa Group
Repayment Schedule for Ignasia And Rosa Group
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2008 | $93.75 | $94.00 |  Repayment Received
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| December 2008 | $93.75 | $94.00 | Repayment Received
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| January 2009 | $93.75 | $93.25 | Repayment Received
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| February 2009 | $93.75 | $93.75 | Repayment Received
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