Maria Filomena Olortegui De Castro


Status: Paid Back

$575.00   Loan Request
$575.00   Paid Back

About the Entrepreneur

Name: Maria Filomena Olortegui De Castro
Location: Yarinacocha - Ucayali, Peru
Activity: Crafts

About the Loan

Loan Amount: $575.00
Loan Use: To invest in the purchase of fabric, synthetic leather, patterns, crochet thread, etc.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 5, 2008
Date Disbursed: Oct 19, 2008
Date Funded:Oct 5, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0050 PEN = 1 USD



Mrs. Maria belongs to the La Lupuna Communal Bank, located on Jr. José Olaya Mz.Ñ Lt.4 AA.HH, Pedro Portillo in the Yarinacocha in Ucayali. She is 59 years old, is the mother of 8 children, who are of legal age, is married, and her husband is retired. With the first loan of 300.00 soles that she received, she decided to invest in the payment of her product “Ebel” (a beauty product).



At present, she continues selling Ebel, making shoes and wallets for women, men, and children. She also sews sheets, small towels, and other garments.



With this loan of 1,700 soles, which will be repaid in 5 months, she will invest in the purchase of 6 kilograms of fabric, 5 pieces of synthetic leather, half a dozen patterns, 5 units of crochet thread, etc.



Maria shows that she receives the support of Manuela Ramos because the business improved and, at the same time, she gives thanks to God for this opportunity.

Translated from Spanish by Avni Shah, Kiva Volunteer


La señora Maria pertenece al Banco Comunal “La Lupuna”, ubicado en el Jr. José Olaya Mz.Ñ Lt.4 AA.HH. Pedro Portillo, distrito de Yarinacocha, departamento de Ucayali. Tiene 59 años de edad, es madre de 8 hijos, los cuales son mayores de edad, es casada y su esposo es pensionista. Con el primer préstamo que recibió de S/.300.00, decide invertir en el pago de su producto “Ebel” (producto de belleza).

En la actualidad continua con la venta de Ebel, confecciona zapatos, carteras, tanto para damas, caballeros y niños. También cose sábanas, toallas pequeñas y otras prendas.

Con este préstamo actual de S/.1,700, el cual será cancelado en 5 meses, invertirá en la compra de 6 kilos de tela, 5 piezas de cuerina, ½ docena de plantilla, 5 unidades de hilo de croché, etc.

Maria manifiesta que recibe el apoyo de Manuela Ramos porque el negocio mejoró y a la vez agradece a Dios por la oportunidad que le brinda la vida.

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Journal entries for Maria Filomena Olortegui De Castro


Disbursed!
 
Entrepreneur: Maria Filomena Olortegui De Castro
Location: Yarinacocha - Ucayali, Peru

This loan has been disbursed. We are excited to watch repayments come in over time, and we thank you for your contribution to Maria's success!


Posted by Michelle May Kreger, Kiva Staff, from San Francisco, United States
Oct 20, 2008
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Kiva Help Repayment Schedule for Maria Filomena Olortegui De Castro

  Expected Repayments Actual Repayments Comments
January 2009 $115.00 $115.00 Repayment Received
February 2009 $115.00 $115.00 Repayment Received
March 2009 $115.00 $115.00 Repayment Received
April 2009 $115.00 $115.00 Repayment Received
May 2009 $115.00 $115.00 Repayment Received