Asunción María


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Asunción María
Location: Juliaca, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $550.00
Loan Use: To purchase ingredients to prepare food
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 10, 2008
Date Disbursed: Aug 28, 2008
Date Funded:Aug 14, 2008
Loan Ended:Mar 16, 2009

About the Country

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



Asunción is a happy and hardworking mother of 3 children, since a young age Asunción developed great cooking skills. It has been four years since she began selling food. Before this, Asunción used to sell bread, but this was not enough and did not meet her expectations. Asunción currently sells lunches on the go at the busiest avenues of the city of Juliaca, where she serves delicious and various dishes to her customers. Her desires are to acquire wholesale supplies such as rice, noodles, oil, etc... Asunción believes that with such investment she will improve her earnings and she will be able to offer her dishes at lower prices.



Translated from Spanish by Antonella Sacconi, Kiva Volunteer



Asunción es una alegre y laboriosa madre de 3 hijos, desde pequeña tuvo cualidades para la cocina, y hace más de 4 años, con mucha expectativa, inició su negocio de venta de comida en forma ambulatoria.Antes de ello, vendía pan, pero esta actividad, no cubría sus expectativas, actualmente vende almuerzos en una de las avenidas más concurridas de la ciudad de Juliaca, lugar donde atiende a sus asiduos comensales quienes quedan complacidos con sus deliciosos y variados platos. El deseo de esta dedicada mujer es adquirir insumos (arroz, fideos, aceite, etc.) al por mayor, considera que con tal inversión mejorará sus ingresos y ofrecerá su platillos a precios sumamente cómodos.


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Journal entries for Asunción María


Loan has been disbursed
 
Entrepreneur: Asunción María
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Asunción María Jara Cayo 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
Aug 28, 2008
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Kiva Help Repayment Schedule for Asunción María

  Expected Repayments Actual Repayments Comments
November 2008 $91.67 $92.00 Repayment Received
December 2008 $91.67 $92.00 Repayment Received
January 2009 $91.67 $91.00 Repayment Received
February 2009 $91.67 $91.67 Repayment Received
March 2009 $91.67 $91.67 Repayment Received
April 2009 $91.65 $91.66 Repayment Received