Eveliza Quinto Cajahuaringa

Status: Paid Back

$175.00		Loan Request
$175.00		Paid Back

About the Entrepreneur

Name:	Eveliza Quinto Cajahuaringa
Location:	El Agustino, Peru
Activity:	Phone Use Sales

About the Loan

Loan Amount:	$175.00
Loan Use:	Buy a freezer to sell ice cream and sodas
Repayment Term:	6 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Oct 6, 2008
Date Disbursed:	Oct 20, 2008
Date Funded:	Oct 6, 2008
Loan Ended:	Mar 16, 2009

About the Field Partner

Field Partner:

EDAPROSPO

Field Partner Risk Rating:

(Learn more)

Active

22 months

1823

$540,625

2.61%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Peru
Avg Annual Income:	$6,715.00
Currency:	United States Dollars (USD)

Eveliza is 29 years old. For the past year, she has worked renting out cell phones for making phone calls. She also works as a food vendor at night. She used to work in a seamstress' shop, but then her daughter was born, so she had to quit so that she could take care of the baby. The last loan Evelita took out was used to buy cell phones for her business. She plans to use this loan to buy a freezer, because she would like to start selling ice cream and sodas.

Translated from Spanish by Cynthia McMurry, Kiva Volunteer

Eveliza tiene 29 años. Ella se dedica al alquiler de llamadas telefónicas de celulares, desde hace un año, además por las noches ella tiene un puesto de comida ambulante. Anteriormente Eveliza trabajaba en un taller de costura, sin embargo no pudo seguir trabajando, ya que tuvo una hija y tenía que cuidarla.
El último crédito que ella recibió, lo empleo en comprar equipos celulares para su negocio. Ahora ella necesita otro crédito para comprar una congeladora, ya que piensa vender helados y bebidas gaseosas.

Lenders to this entrepreneur

Jodie
Lynn, MA
United States

Don
Danville, VA
United States

Stevana
Foster City, CA
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Jean & Gary
Tempe, AZ
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KEN & LINDA
WINNIPEG, Manitoba
Canada

Top Lending Teams for this entrepreneur

Team Virginia
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Scotland
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Journal entries for Eveliza Quinto Cajahuaringa

Loan has been disbursed Entrepreneur: Eveliza Quinto Cajahuaringa Location: El Agustino, Peru Thank you for your loan. It has been disbursed to Eveliza Quinto Cajahuaringa by EDAPROSPO in Peru. We are excited to watch this business grow. Over the next 4 months, EDAPROSPO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from El Agustino, Peru Oct 20, 2008
Comment on this entry

Update on your loan administered by Kiva Field Partner EDAPROSPO Entrepreneur: Eveliza Quinto Cajahuaringa Location: El Agustino, Peru During a routine audit of Field Partner EDAPROSPO, Kiva discovered a number of discrepancies between the information posted to the Kiva website and what actually occurred on the ground. Specifically, many loans uploaded to the website before December 2008 contain inaccurate loan amounts, terms and/or loan uses. This is in violation of Kiva policy, and as such, as soon as we were alerted to a possible violation we placed EDAPROSPO on "pause." After placing them on pause, Kiva proceeded to execute a complete verification of every loan EDAPROSPO posted to the Kiva website; in total we examined 757 loans. As a result of our audit, we have discovered that 52% of the loans posted to the Kiva website by field partner EDAPROSPO contain data inaccuracies. 98% of these inaccuracies pertain to loans posted to the Kiva website before December 2008, when EDAPROSPO was under a different management team. After significant management turnover at the end of 2008, almost all loans on the Kiva website contain complete and accurate information and these loans comprise only 2% of the total discovered inaccuracies. You are receiving this email as we wanted to alert you that, after our verification efforts, Kiva cannot confirm that the specific loan you funded was actually disbursed. We can, however, confirm that the person you lent to is an EDAPROSPO borrower. Because EDAPROSPO has decided to guarantee all loans made on Kiva, you have continued to receive repayments on schedule. Because the new management team has proven that they are committed to providing accurate and transparent information to the Kiva website, and because they have repaid almost all of the inaccurate loans on-time, Kiva has decided to re-open the Kiva-EDAPROSPO relationship. During this new "pilot" phase on Kiva, we will be working closely with the new EDAPROSPO team, including their internal and external auditors, to continually verify new EDAPROSPO loans posted to Kiva, and if we are alerted to any new inaccuracies we will pause their relationship with Kiva and follow-up accordingly. If you have any questions, please visit Kiva's Help Center at http://www.kiva.org/about/help.
Posted by Michelle May Kreger, Kiva Staff, from San Francisco, United States Jul 11, 2009
Comments (30)

Repayment Schedule for Eveliza Quinto Cajahuaringa

Show Advanced

	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