Eufemia


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: Eufemia
Location: Location Undisclosed, Peru
Activity: General Store

About the Loan

Loan Amount: $525.00
Loan Use: Eufemia needs a loan of 1,500 soles, which will be invested in the purchase of sugar, rice, oil and milk.
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:2.9572 PEN = 1 USD



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


Eufemia is married, is 48 years old and has four children. She owns a shop in a rented space located on a main street in her area. She also lives in this same building, from which she sells groceries, fruits, vegetables and meats. Eufemia, alongside her husband, owns a shop selling . Currently her husband runs that business with the support of their daughter.


Eufemia needs a loan of 1,500 soles, which will be invested in the purchase of sugar, rice, oil and milk. Eufemia's dreams are that her daughter becomes a professional, that her business improves and to build a house.

Translated from Spanish by Kate Divjak, Kiva Volunteer.



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


Eufemia es casada, tiene 48 años y 4 hijos, Eufemia tiene una tienda en un local alquilado ubicado en una avenida principal de su distrito, y también vive en esta misma vivienda, en donde vende abarrotes, frutas, verduras, carnes. Eufemia junto a su esposo tienen una tienda de venta de lubricantes y actualmente su esposo es quien administra este negocio, actividad que realizan con el apoyo de su hija.


Eufemia necesita un préstamo de 1500 soles dinero que será invertido en la compra de azúcar, arroz, aceite, leche.
Los sueños de Eufemia son que su hija sea profesional, que su negocio mejore, construir su casa.


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Journal entries for Eufemia


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

Thank you for your loan. It has been disbursed to Eufemia 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 Eufemia

  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