Soledad Huaman Flores


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

Name: Soledad Huaman Flores
Location: Tarma, Peru
Activity: Farming

About the Loan

Loan Amount: $350.00
Loan Use: To start a grocery store in her house
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 22, 2008
Date Disbursed: Nov 5, 2008
Date Funded:Oct 22, 2008
Loan Ended:Aug 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0472 PEN = 1 USD



Soledad is married, is 32 years old, and has three children. She and her husband work on the farm. She has always liked working, and she is not dependent on her husband. Because of this, in addition to working on the farm, she has decided to buy trees, chop them, and sell them as firewood. In this way, she will have another source of income. She is thinking about opening a grocery store, since she now has her own house, because she likes to be around people and, at the same time, will earn more money. It is difficult that in agriculture, a lot is invested, but the products cost very little. This is the reason that she wants to earn more income. Soledad works on the farm helping her husband, because she wants to educate her three young children and wants them to be professionals. With the loan, she will be able to have a grocery store in her house and, at the same time, increase the quantity of chopped wood she sells.

Translated from Spanish by Avni Shah, Kiva Volunteer


Soledad es casada, tiene 32 años y tres hijos, junto a su esposo trabajan en la chacra. Siempre le ha gustado trabajar y no depender de su esposo, por ello que además de trabajar en la chacra, ha decidido a comprar árboles y trozarlos y venderlos como leña, de ese modo generar otra fuente de ingreso en su economía. Tiene en mente abrir un negocio de venta de abarrotes, ya que ahora tiene su propia casa, porque a ella le agrada estar en contacto con la gente y de paso ir generándose un ingreso extra. Lo difícil es que en la agricultura, se invierte mucho, pero cuesta muy poco su producto, por eso es que quiere generar un ingreso adicional. Soledad trabaja en la chacra ayudando a su esposo, porque a sus 3 menores hijos desea educarlos en la ciudad y sean unos buenos profesionales. Con el préstamo podrá una tienda de abarrotes en su casa, y de paso incrementar la cantidad de rajados de madera.

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Journal entries for Soledad Huaman Flores


Loan has been disbursed
 
Entrepreneur: Soledad Huaman Flores
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Soledad Huaman Flores 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 Tarma, Peru
Nov 6, 2008
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Kiva Help Repayment Schedule for Soledad Huaman Flores

  Expected Repayments Actual Repayments Comments
February 2009 $43.75 $43.75 Repayment Received
March 2009 $43.75 $43.75 Repayment Received
April 2009 $43.75 $43.75 Repayment Received
May 2009 $43.75 $43.75 Repayment Received
June 2009 $43.75 $43.74 Repayment Received
July 2009 $43.75 $43.75 Repayment Received
August 2009 $43.75 $43.75 Repayment Received
September 2009 $43.75 $43.76 Repayment Received