Luz Maria


Status: Paid Back

$725.00   Loan Request
$725.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Luz Maria
Location: Location Undisclosed, Peru
Activity: Retail

About the Loan

Loan Amount: $725.00
Loan Use: Luz needs a loan of 2,000 Peruvian Nuevos Soles to invest in rice, sugar, eggs, milk, and gelatin.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 28, 2008
Date Disbursed: Aug 12, 2008
Date Funded:Jul 29, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8338 PEN = 1 USD



Luz is a member of the Paloma Village Bank.


Luz is a separated, forty-two-year-old mother of four children. Luz works at a regional hospital in the city of Ayacucho as a nurse technician. Luz also has a small store in her home, located on Cumana St. in the Nazareno District, where she sells home supplies, fruit, sausages, etc with the help of her son. She opens her store from six in the morning until nine at night. In addition, Luz rents rooms in her house.


Luz needs a loan of 2,000 Peruvian Nuevos Soles to invest in rice, sugar, eggs, milk, and gelatin.


Luz’s dream is to stock more products in her store, to have another business, and that her children study in the city of Lima.


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Journal entries for Luz Maria


Loan has been disbursed
 
Entrepreneur: Luz Maria
Location: Location Undisclosed, Peru

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


Posted by from Location Undisclosed, Peru
Aug 12, 2008
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Kiva Help Repayment Schedule for Luz Maria

  Expected Repayments Actual Repayments Comments
November 2008 $181.25 $182.00 Repayment Received
December 2008 $181.25 $182.00 Repayment Received
January 2009 $181.25 $179.75 Repayment Received
February 2009 $181.25 $181.25 Repayment Received