Gladys Reyna


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 and location be undisclosed)
Name: Gladys Reyna
Location: Location Undisclosed, Peru
Activity: Retail

About the Loan

Loan Amount: $375.00
Loan Use: to invest in different colored wool
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 26, 2008
Date Disbursed: Aug 10, 2008
Date Funded:Jul 27, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8298 PEN = 1 USD



Gladys, a member of the Las Hormigas Village Bank, is a 38-year-old mother of four children. She hopes to get married to her partner as soon as possible. Gladys sells various sorts of wool in the city of Ayacucho from Wednesday to Saturday. She sells the wool for others to make blankets, sweaters, etc., and purchases the raw materials from the city of Lima. Furthermore, Gladys has a small store in her house where she sells vegetables, meat, and fruit with the help of her children.


Gladys needs a loan of 1,000 Peruvian Nuevos Soles (US$ 375) to invest in different colored wool.


Glady’s dream is to buy a car, to construct nice floors for her house, and to provide a good education for her children.


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Journal entries for Gladys Reyna


Loan has been disbursed
 
Entrepreneur: Gladys Reyna
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Gladys Reyna 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 11, 2008
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Update from Peru
 
Entrepreneur: Gladys Reyna
Location: Location Undisclosed, Peru

Gladys, a member of the Las Hormigas Village Bank, is a 38-year-old mother of four children. She hopes to get married to her partner soon. Gladys sells various sorts of wool in the city of Ayacucho from Wednesday to Saturday. She sells the wool for others to make blankets, sweaters, etc., and purchases the raw materials from the city of Lima. Gladys also has a small store in her house where she sells vegetables, meat, and fruit with the help of her children.

Gladys used her loan of 1000 soles to help buy more groceries for her small store. Her sons also have been working at the store, while she has been busy weaving blankets and ponchos. Gladys is thankful for her loan and has recently taken out another loan from FINCA.

FINCA Peru's Mission is to contribute to the empowerment of social and economically disadvantaged women in Peru. By facilitating the integral development of human capacities, FINCA Peru promotes the development of the entrepreneurial spirit within each of its clients. Its mission is to strengthen the social discipline of women through the daily practice of positive values such as equity, solidarity, respect, responsibility and honesty. Check out more FINCA Peru borrowers here!


Posted by Suzy Marinkovich from Location Undisclosed, Peru
Jun 16, 2009
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Kiva Help Repayment Schedule for Gladys Reyna

  Expected Repayments Actual Repayments Comments
November 2008 $93.75 $94.00 Repayment Received
December 2008 $93.75 $94.00 Repayment Received
January 2009 $93.75 $93.25 Repayment Received
February 2009 $93.75 $93.75 Repayment Received