Centrobank Group


Status: Paid Back

$1,975.00   Loan Request
$1,975.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)
Group Name: Centrobank Group
Group Members: Rigoberta Teofila
Maria
Daniel Celso
Yesenia
Isanyhely Roheny
Guadalupe
Nieves
Elvia
Sonia
Raul
Luzmila
Isabel
Angela Gardenia
Location: Location Undisclosed, Peru
Activity: Embroidery

About the Loan

Loan Amount: $1,975.00
Loan Use: The communal bank Centrobank needs 6,000.00 new soles so that its 13 members can invest in their businesses.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 15, 2008
Date Disbursed: Oct 29, 2008
Date Funded:Oct 15, 2008
Loan Ended:May 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0699 PEN = 1 USD



The communal bank Centrobank is located in the center of Huancavelica, very close to Santa Ana Park, the Santa Rosa promenade, and the Ichu River. Their activities are as merchants, farmers, and raising livestock.



Angela Huaman has a small son, who she had when she was very young. For three months she has been selling shawls, caps and gloves, as she must support her son. She seeks a loan to increase the inventory for her business. She dreams of being a professional and having a little store.



Roheni Galli lives is partnered and has a 3-month old baby. She dedicates herself to the sale of anticuchos (beef kabobs), and sometimes sells candy. When she became pregnant, her parents threw her out of their house and since then she has learned what it is to work. With her loan, she would like to buy a grill to use in selling her anticuchos.



Elvia Zuñiga is married and has two children. She dedicates herself to raising cuyes (guinea pigs). With previous loans, she has grown her business. Now, she sells shawls and caps and would like to buy more merchandise to increase her income and be able to save.



Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


El bancomunal Centrobank esta ubicado en el centro de Huancavelica, se encuentra muy cerca del parque Santa Ana, el malecón Santa Rosa y el Río Ichu. Sus actividades con comerciales, agricultura y ganadería.


Angela Huaman, tiene 1 hijo pequeño a quien a tenido muy joven, desde hace 3 meses vende chalinas, gorros, guantes, pues tiene que mantener a su hijo, solicita un préstamo para incrementar material para su negocio,. Angela sueña con ser profesional y tener una tiendecita.


Roheni Galli, es conviviente tiene un bebe de 3 meses, se dedica a la venta de anticuchos en la puerta de su casa, a veces vende dulces, al quedar embarazada sus padres la votaron de su casas, desde ese entonces aprendió lo que es trabajar, con su préstamo quiere comprar una parrilla para vender sus anticuchos.


Elvia Zuñiga, es casada, tiene 2 hijos, se dedica a la crianza de cuyes, con los prestamos que ha recibido ha ido incrementando su negocio, ahora vende chalinas, gorras y quiere comprar mas mercadería para poder tener mas ingresos y ahorrar.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Journal entries for Centrobank Group


Loan has been disbursed
 
Entrepreneur: Centrobank Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to the Centrobank group, consisting of Angela Gardenia, Isabel, Luzmila, Raul, Sonia, Elvia, Nieves, Guadalupe, Isanyhely Roheny, Yesenia, Daniel Celso, Maria, Rigoberta Teofila by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 6 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Peru
Oct 30, 2008
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Kiva Help Repayment Schedule for Centrobank Group

  Expected Repayments Actual Repayments Comments
January 2009 $329.17 $329.17 Repayment Received
February 2009 $329.17 $329.17 Repayment Received
March 2009 $329.17 $329.17 Repayment Received
April 2009 $329.17 $329.17 Repayment Received
May 2009 $329.17 $329.17 Repayment Received
June 2009 $329.15 $329.15 Repayment Received