Magda Rebeca


Status: Paid Back

$175.00   Loan Request
$175.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Magda Rebeca
Location: Tarma, Peru
Activity: Farming

About the Loan

Loan Amount: $175.00
Loan Use: Buy large quantities of fruit and fruit boxes for her business.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 17, 2008
Date Disbursed: Aug 31, 2008
Date Funded:Aug 17, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9350 PEN = 1 USD



Magda is 37 years old and lives with her husband and her 4 year old son. She works growing fruit and also buys a large quantity of plots of cultivated land with fruit planted and grown by the previous owner. She then sells the harvest from the plots she has purchased. Her husband looks for the plots and she works selecting the marketable fruit, packaging it into boxes and taking care of the order contracts. She works all day, every day. She appreciates most the work that she is able to do inside her store because it is light work. The complicated part of her work is boxing the products. Since they will be shipped to many cities, she has to package them very carefully so that they do not spoil en route, and to ensure that they do not get destroyed on the way but arrrive at the client site in good condition.

Her small son is her greatest motivation; she wants to be able to offer him better quality of life.

Magda will invest the loan in the purchase of a large quantity of fruit and boxes, as way to increase her orders. In the near future she hopes to open a store in the center of her city in order to handle even more orders.

Translated from Spanish by Erin Corcoran, Kiva volunteer.

Magda tiene 37 años, vive con su esposo y su hijo de cuatro años. Se dedica al cultivo de fruta, las cuales también produce, compra gran cantidad de chacras ya cultivadas para solo vender los productos que se cosecharán, para ello, su esposo busca las chacras y Magda se dedica a la selección de las frutas, encajonarlas y realizar los contratos de pedidos. Esta actividad la realiza todos los días, durante todo el día.A Magda le agrada más el trabajo dentro de su bodega, porque es liviano, la parte complicada es encajonar los productos, puesto que estos serán trasladados a diversas ciudades y para que no se malogren tiene que encajonarlos debidamente para evitar que se estropeen y quedar bien con sus compradores.



Su pequeño hijo es el gran motivo de su trabajo, poder ofrecerle una vida de calidad es su deseo.


Magda invertirá el dinero en la compra de mayor cantidad de fruta y cajones, así incrementar sus pedidos. En un futuro cercano desea abrir una bodega en el centro de su cuidad para tener mayores pedidos.


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Journal entries for Magda Rebeca


Loan has been disbursed
 
Entrepreneur: Magda Rebeca
Location: Tarma, Peru

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


Posted by from Tarma, Peru
Aug 31, 2008
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Kiva Help Repayment Schedule for Magda Rebeca

  Expected Repayments Actual Repayments Comments
November 2008 $43.75 $44.00 Repayment Received
December 2008 $43.75 $44.00 Repayment Received
January 2009 $43.75 $43.25 Repayment Received
February 2009 $43.75 $43.75 Repayment Received