Marina


Status: Paid Back

$525.00   Loan Request
$525.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $525.00
Loan Use: Marina needs a loan of 1,500 soles which will be invested in the purchase of cookies, sodas, beer and fruit.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 7, 2008
Date Disbursed: Sep 22, 2008
Date Funded:Sep 8, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9572 PEN = 1 USD



Marina is a member of the Communal Bank of Ayllu, which means "family" in quechua.


Marina is married, is 47 years old and has six children. She owns a small shop in her home, located in the San Juan Bautista area, from which she sells groceries and drinks. In addition, Marina is dedicated to farming potatoes on her land in Alpachaca, located three hours from the city of Ayacucho. She sells the potatoes in the supply market in Ayacucho and uses a small portion of the potatoes to make dried potatoes for which she counts on the help of her children.


Marina needs a loan of 1,500 soles which will be invested in the purchase of cookies, sodas, beer and fruit. Her dreams are to educate her children so that they can get ahead, grow her business and own other businesses.

Translated from Spanish by Kate Divjak, Kiva Volunteer.



Marina es socia del Banco Comunal Ayllu que significa Familia en quechua.


Marina es casada, tiene 47 años y 6 hijos, Marina tiene una pequeña tienda en su casa ubicada en el distrito de San Juan Bautista, en donde vende abarrotes, bebidas. Además Marina se dedica a la agricultura de papa en sus tierras de Alpachaca que se ubica a 3 horas de la ciudad de Ayacucho, la papa lo vende en el mercado de abastos de la ciudad de Ayacucho y parte de la papa pequeña hace papa seca, para lo cual cuenta con la ayuda de sus hijos.


Marina necesita un préstamo de 1500 soles dinero que será invertido en la compra de galletas, gaseosas, cerveza y frutas.
Marina sueña con educar a sus hijos para que salgan adelante, ampliar su negocio y tener otros negocios más.


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Journal entries for Marina


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

Thank you for your loan. It has been disbursed to Marina 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 22, 2008
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Kiva Help Repayment Schedule for Marina

  Expected Repayments Actual Repayments Comments
December 2008 $131.25 $132.00 Repayment Received
January 2009 $131.25 $130.50 Repayment Received
February 2009 $131.25 $131.25 Repayment Received
March 2009 $131.25 $131.25 Repayment Received