Lucia Virgenia Gutierrez Huarancca


Status: Paid Back

$375.00   Loan Request
$375.00   Paid Back

About the Entrepreneur

Name: Lucia Virgenia Gutierrez Huarancca
Location: Ayacucho, Peru
Activity: Pub

About the Loan

Loan Amount: $375.00
Loan Use: Purchase of rice, sugar, pasta and beer.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 7, 2008
Date Disbursed: Sep 21, 2008
Date Funded:Sep 7, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9750 PEN = 1 USD



Lucia is a member of the Communal Bank of Well-being.


Lucia is 42-years-old and married, with 4 children. Lucia lives in the slums of Yanamilla that are close to the city's penitentiary. Lucia operates a grocery store and also a small bar every day of the week, from 5 in the morning until very late at night, depending upon client demand. She receives assistance from her children.


Lucia needs a loan of 1,050 soles to be invested in the puchase of rice, sugar, pasta and beer.


Lucia dreams of developing a larger space to expand her store, and of helping her children to become professionals.

Translated from Spanish by Kara Gibson, Kiva volunteer.



Lucia es socia del Banco Comunal Bienestar.


Lucia es casada, tiene 42 años y 4 hijos, Lucia vive en el asentamiento humano de Yanamilla que se encuentra cerca al penal de la ciudad, Lucia tiene una tienda surtido de abarrotes y además tiene una pequeño bar, actividad que realiza todos los días de la semana desde las 5 de la mañana hasta muy de noche dependiendo del consumo de sus clientes, Lucia cuenta con la ayuda de sus hijos.


Lucia necesita un préstamo de 1050 dinero que será invertido en la compra de arroz, azúcar, fideo, cerveza.


Los sueños de Lucia son construir un ambiente mas grande para ampliar su tienda, apoyar a sus hijos para que sean profesionales.


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Top Lending Teams for this entrepreneur


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Journal entries for Lucia Virgenia Gutierrez Huarancca


Loan has been disbursed
 
Entrepreneur: Lucia Virgenia Gutierrez Huarancca
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Lucia Virgenia Gutierrez Huarancca 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 Ayacucho, Peru
Sep 21, 2008
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Lucia's Kiva loan
 
Entrepreneur: Lucia Virgenia Gutierrez Huarancca
Location: Ayacucho, Peru

Lucia used her Kiva loan of 1050 soles to buy beans and dry goods for her store. Sales have gone down since she invested the money, she tells me, because several new competitors opened new stores near hers recently. She lost some of her clients, but she’s not worried: “They leave, but they come back.”

Lucia has been working with FINCA for the past four years. She has worked with several different village banks, but ultimately decided to stick with the Bienestar (“Wellbeing”) group because they meet on Mondays, which are always slow sales days. “It’s helped me,” she says of her work with FINCA. “I had never saved money before.” She now has a savings account, which she can use to pay for her children’s school fees. Lucia’s goal for the future is to buy a car to use for passenger transport.

Lucia is pictured below (left) with Salome and Carmen Eddy, two fellow members of the Bienestar group.


Posted by Cynthia McMurry from Ayacucho, Peru
Dec 19, 2008
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Kiva Help Repayment Schedule for Lucia Virgenia Gutierrez Huarancca

  Expected Repayments Actual Repayments Comments
December 2008 $93.75 $94.00 Repayment Received
January 2009 $93.75 $93.50 Repayment Received
February 2009 $93.75 $93.75 Repayment Received
March 2009 $93.75 $93.75 Repayment Received