Matilde


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Matilde
Location: Juliaca, Peru
Activity: Jewelry

About the Loan

Loan Amount: $350.00
Loan Use: To increase capital for her gold selling business.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 3, 2008
Date Disbursed: Sep 17, 2008
Date Funded:Sep 3, 2008
Loan Ended:Apr 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



Matilde is single, and lives with her two sons (15 year old Jimy and 11 year old Orlando, who are still studying). She is from the district of Ayaviri, but for the past 6 years she has been living in the city of Juliaca. She sells gold, which she acquires in the La Rinconada mine. She sells it throughout the week in Juliaca, on Sundays in Arequipa, and on Wednesdays and Thursdays in the city of Moquegua. Her work takes up most of her time, and for her it is very difficult to constantly be on the road, but her business is going well and she does what she needs in order to support her children. She sacrifices every day in order to provide a better future for her sons.
Matilde would want to grow her business and in the future have an additional business such as a bookstore or a grocery store.

Translated from Spanish by Samantha, Kiva volunteer.



Matilde es soltera, vive con sus hijos; Jimy de 15 y Orlando de 11, quienes aún son estudiantes de secundaria. Ella es natural del distrito de Ayaviri, pero hace 6 años vive en la cuidad de Juliaca, se dedica a la venta de oro, el cual adquiere de la mina La Rinconada. En Juliaca vende durante la semana, los días domingos en la ciudad de Arequipa, y los días miércoles y jueves en la ciudad de Moquegua.Usualmente, su trabajo le toma la mayor parte del día, para ella es muy difícil tener que estar de viaje en viaje constantemente, pero el negocio va bien y es lo que ella necesita para poder mantener a sus hijos.
Se sacrifica día a día para brindarles a sus hijos un mejor porvenir.
Matilde quiere incrementar su venta de oro y en adelante tener un negocio adicional, como una tienda de comestibles o una librería.


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Journal entries for Matilde


Loan has been disbursed
 
Entrepreneur: Matilde
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Matilde 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
Sep 19, 2008
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Kiva Help Repayment Schedule for Matilde

  Expected Repayments Actual Repayments Comments
December 2008 $58.33 $59.00 Repayment Received
January 2009 $58.33 $57.67 Repayment Received
February 2009 $58.33 $58.33 Repayment Received
March 2009 $58.33 $58.33 Repayment Received
April 2009 $58.33 $58.33 Repayment Received
May 2009 $58.35 $58.34 Repayment Received