Teobaldo Machari Quinchori


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Teobaldo Machari Quinchori
Location: Tarma, Peru
Activity: Farming

About the Loan

Loan Amount: $350.00
Loan Use: Invest in yuca and corn crops
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 6, 2008
Date Disbursed: Oct 20, 2008
Date Funded:Oct 6, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9925 PEN = 1 USD



Teobaldo is 41 years old and lives with his wife and their five young children. Since he was very young, Teobaldo has been a yuca farmer. Since getting married, he has dedicated all his time to his crop, as this is his means for covering household expenses. Teobaldo loves doing business with the folks who visit his community to buy products grown in the region -- an activity which continues to benefit Teobaldo. Nevertheless, he has encountered various challenges to raising his crop, such as the high cost of insecticide used to keep up production. Teobaldo's family keeps him going in his work. He would like to invest in growing yuca and corn, seeing the climate is favorable. Over time he plans to purchase more land to expand his production and increase profits.

Translated from Spanish by Todd M. Anderson, Kiva Volunteer


Teobaldo tiene 41 años, vive con su esposa y sus 5 hijos jóvenes. Se dedica al cultivo de yuca, lo cual realiza desde muy joven, desde que se casó tuvo que dedicarse a ello a tiempo completo, ya que es la manera de poder satisfacer las necesidades de su hogar.Lo que le agrada de ello, es comercializar con las personas que visitan su comunidad para negociar los productos que cultivan en la zona, negociación que hasta el día de hoy ha beneficiado a Teobaldo. Se han presentado diversas dificultades en su producción por los costosos precios de los insecticidas que ayudan a mantener su producción.
Teobaldo tiene en su familia el mejor motivador en su trabajo.
Ahora, desea invertir en la producción de yuca, además del cultivo de maíz, porque la temporada es propicia, con el tiempo, adquirir nuevas tierras para incrementar su producción y sus ganancias.

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Lenders to this entrepreneur

Onno
Leidschendam, Zuid-Holland
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Rudy
Northridge, CA
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Steve
Alamosa, CO
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Jillian
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GAMMA Salt
Toronto, ON
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Karen
Atlanta, GA
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Anonymous
APO, AE

Perry
Fremont, CA
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Eric
Alameda, CA
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Patricia, Linda, Sharon
Arroyo Grande, CA
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Rolf
lyons, CO
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Lisa
Washington, DC
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Top Lending Teams for this entrepreneur

Journal entries for Teobaldo Machari Quinchori


Loan has been disbursed
 
Entrepreneur: Teobaldo Machari Quinchori
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Teobaldo Machari Quinchori by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 8 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tarma, Peru
Oct 22, 2008
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Kiva Help Repayment Schedule for Teobaldo Machari Quinchori

  Expected Repayments Actual Repayments Comments
January 2009 $43.75 $43.75 Repayment Received
February 2009 $43.75 $43.75 Repayment Received
March 2009 $43.75 $43.75 Repayment Received
April 2009 $43.75 $43.75 Repayment Received
May 2009 $43.75 $43.75 Repayment Received
June 2009 $43.75 $43.74 Repayment Received
July 2009 $43.75 $43.75 Repayment Received
August 2009 $43.75 $43.76 Repayment Received