Azucena Machoa Obando


Status: Paid Back

$675.00   Loan Request
$675.00   Paid Back

About the Entrepreneur

Name: Azucena Machoa Obando
Location: Pucallpa, Peru
Activity: Restaurant

About the Loan

Loan Amount: $675.00
Loan Use: To expand and improve her restaurant.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 20, 2008
Date Disbursed: Nov 3, 2008
Date Funded:Oct 20, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0602 PEN = 1 USD



Azucena is a young mother, aged 24 yeas, and she owns her own restaurant called "La Perla". It is a highly visited locale because of the good food and good customer service. She started this business because she separated from her partner, a situation that motivated her to seek out a way of improving herself. She is very happy now because thanks to the support from the community bank, the one where she is member, she is seeing success. Azucena is the manager of her business and she wants to provide for her 2 children, they who mean the world to her and they who are the reason to keep going. To expand her business she requires the loan that she is requesting. Support this young Mom that is working so hard to keep going.





Translated from Spanish by Erika Lindig, Kiva Volunteer


Azucena es una joven madre de 24 años, tiene su propia cevicheria de nombre “La Perla”, la mismo que es muy concurrida por su buena sazón y atención, inició este negocio debido a la separación de su pareja, circunstancia que la motivó a buscar una superación personal, ahora esta muy contenta, porque gracias al apoyo de un banco comunal, al cual pertenece, está saliendo adelante. Azucena, mediante su negocio, quiere sacar adelante a sus 2 hijos, que significan mucho para ella, sobre todo sus ganas de seguir adelante. Para ampliar su negocio, necesita de la cantidad que solicita. Apoya a esta madre que lucha por seguir creciendo.

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Journal entries for Azucena Machoa Obando


Loan has been disbursed
 
Entrepreneur: Azucena Machoa Obando
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Azucena Machoa Obando 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
Nov 4, 2008
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Kiva Help Repayment Schedule for Azucena Machoa Obando

  Expected Repayments Actual Repayments Comments
February 2009 $112.50 $112.50 Repayment Received
March 2009 $112.50 $112.50 Repayment Received
April 2009 $112.50 $112.50 Repayment Received
May 2009 $112.50 $112.50 Repayment Received
June 2009 $112.50 $112.49 Repayment Received
July 2009 $112.50 $112.51 Repayment Received