Jenny Chagua Gabriel


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Jenny Chagua Gabriel
Location: Huancayo, Peru
Activity: Embroidery

About the Loan

Loan Amount: $575.00
Loan Use: Buy raw materials (fabric, threads) for embroidered skirts
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 25, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Sep 25, 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



Jenny is 31 years old and lives with her parents in their house. She us a responsible young woman whose heart is filled with gratitude towards her parents. This is why she has spent more than five years embroidering the cotton skirts
that are traditional in the area where she lives. She decided to launch this business because of the high demand for her work, due to its high quality. She works full-time, and for each skirt she uses many beautiful colors to achieve just the right combination. With a lot of hard work, she completes her custom orders on time. Jenny thoroughly enjoys the ability to independently work from her own home.

Jenny works hard for one reason: to improve her quality of life and that of her parents. She is requesting this loan to buy fabric and thread in bulk, and thus increase her productivity. It looks as though she may be a source of employment for many people in the future, since because of the growing demand for her products she will be able to contract employees to do some of her embroidery work.

Translated from Spanish by Cynthia McMurry, Kiva Volunteer


Jenny tiene 31 años, vive en casa y compañía de sus padres. Es una joven responsable, con un corazón lleno de gratitud hacia sus progenitores, por tal motivo se dedica, desde hace mas de 5 años, al bordado de fustanes folklóricos de su zona, decidió emprender esta actividad como negocio, debido a la demanda que tuvo a consecuencia de la calidad de los trabajos que ella realiza. Ahora, trabaja a tiempo completo para cada prenda, en la elaboración de un fustán utiliza bellos y variados colores, para que se dé una combinación perfecta, así, con mucho esfuerzo, entrega a tiempo los pedidos de bordados que le solicitan y es un gran disfrute el hecho de estar en la comodidad de su hogar realizando sus trabajos, además de ser una labor independiente.
Jenny tiene una razón para trabajar y esforzarse, mejorar su calidad de vida y también la de sus padres.
Solicita este préstamo, con la cual podrá adquirir telas e hilos, al por mayor, y con ello, aumentar su productividad. Ella se ve en el futuro como una fuente de trabajo para muchas personas, ya que por la creciente demanda que ella tiene podrá contratar personal para sus bordados.

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Journal entries for Jenny Chagua Gabriel


Loan has been disbursed
 
Entrepreneur: Jenny Chagua Gabriel
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Jenny Chagua Gabriel 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 Huancayo, Peru
Oct 9, 2008
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Kiva Help Repayment Schedule for Jenny Chagua Gabriel

  Expected Repayments Actual Repayments Comments
January 2009 $71.88 $71.87 Repayment Received
February 2009 $71.88 $71.87 Repayment Received
March 2009 $71.88 $71.87 Repayment Received
April 2009 $71.88 $71.87 Repayment Received
May 2009 $71.88 $71.87 Repayment Received
June 2009 $71.88 $71.87 Repayment Received
July 2009 $71.88 $71.88 Repayment Received
August 2009 $71.84 $71.90 Repayment Received