Leocrecia


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $875.00
Loan Use: Purchase rice, sugar, cooking oil, noodles, chicken, and ice cream
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 3, 2008
Date Disbursed: Sep 18, 2008
Date Funded:Sep 4, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9850 PEN = 1 USD



Leocrecia is a member of the microfinance institution called “Kusikuy,” which means “cheer up” in Quechua.


Leocrecia is a 55-year-old married mother of 9 children. She lives in the Quinuapata neighborhood of the city of Ayacucho. From her home, she operates a small general in which she sells groceries, vegetables, meats, ice cream. She is open every day of the week from 5am to 9pm, getting help from her children.


Leocrecia needs a loan of 2,550 Peruvian soles, which will be invested in the purchase of rice, sugar, cooking oil, noodles, chicken, and ice cream. Leocrecia dreams of building a beautiful home, buying a car, and offering her children a better life than the one that she has had.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.



Leocrecia es socia del Banco Comunal Kusikuy que significa alégrate en quechua.


Leocrecia es casada, tiene 55 años y 9 hijos, Leocrecia vive en el barrio Quinuapata de la ciudad de Ayacucho, Leocrecia tiene una tienda en su casa en donde vende abarrotes, verduras, carnes, helados, actividad que realiza todos los días de la semana desde las 5 de la mañana hasta las 9 de la noche, para lo cual cuenta con la ayuda de sus hijos.


Leocrecia necesita un préstamo de 2550 soles, dinero que será invertido en la compra de arroz, azúcar, aceite, fideo, pollo y helados.
Los sueños de Leocrecia son construir su casa y tener una casa bonita, comprar un carro y que sus hijos sean mejores que ella.


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Journal entries for Leocrecia


Loan has been disbursed
 
Entrepreneur: Leocrecia
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Leocrecia 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
Sep 18, 2008
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Kiva Help Repayment Schedule for Leocrecia

  Expected Repayments Actual Repayments Comments
December 2008 $218.75 $219.00 Repayment Received
January 2009 $218.75 $218.50 Repayment Received
February 2009 $218.75 $218.75 Repayment Received
March 2009 $218.75 $218.75 Repayment Received