Bety


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Bety
Location: Pucallpa, Peru
Activity: Grocery Store

About the Loan

Loan Amount: $1,200.00
Loan Use: Increase the stock in her store and open a pawn shop.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 1, 2008
Date Disbursed: Oct 16, 2008
Date Funded:Oct 2, 2008
Loan Ended:May 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



Bety, who is 50 years old, is a mother to 8 children, of which 6 are independent and only the last two are still going to school; they are her reason to keep going. She lives with her husband, Cesar, who is an independent construction worker and supports her a lot. Bety has made a living selling groceries for a long time now in order to help pay for family expenses. Due to her charisma, she has many clients. They all have outstanding orders and that is why she needs to expand her business. However, this is not the only job she does; she also loans money which also requires capital. Her goal is to open a pawn shop, and with your help, Bety will achieve what she dreams of.

Translated from Spanish by Natalie Kane, Kiva Volunteer


Bety, de 50 años de edad, es madre de 8 hijos, siendo 6 de ellos independientes y quedando los dos últimos que estudian y son su razón de seguir adelante, vive con su esposo César que se dedica a trabajar en forma independiente, es albañil, y la apoya mucho. Bety se dedica a la venta de abarrotes desde hace mucho tiempo, para poder contribuir con sus gastos familiares, debido a su carisma tiene muchos clientes, ellos tienen pedidos, por eso, se encuentra en la necesidad de aumentar e implementar su negocio, sin embargo no es el único trabajo que realiza, pues también trabaja prestando dinero, también requiere de un capital para lograr su meta trazada, que es tener una casa de empeños. Con tu apoyo la señora Bety logrará lo que desea.

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Journal entries for Bety


Loan has been disbursed
 
Entrepreneur: Bety
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Bety by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 6 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Oct 16, 2008
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Kiva Help Repayment Schedule for Bety

  Expected Repayments Actual Repayments Comments
January 2009 $200.00 $200.00 Repayment Received
February 2009 $200.00 $200.00 Repayment Received
March 2009 $200.00 $200.00 Repayment Received
April 2009 $200.00 $200.00 Repayment Received
May 2009 $200.00 $200.00 Repayment Received
June 2009 $200.00 $200.00 Repayment Received