Esther


Status: Paid Back

$700.00   Loan Request
$700.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)
Name: Esther
Location: Location Undisclosed, Peru
Activity: Cereals

About the Loan

Loan Amount: $700.00
Loan Use: Purchase grains
Repayment Term: 7 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:Apr 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



Esther is a member of the Agua Viva Microfinance Institute.
Esther is a 34-year-old woman with a live-in partner and 4 children. She travels to different markets in the region to buy cheese and grains, which she then transports the city of Ayacucho to sell in the markets. Esther also travels to the city of Andahuaylas, where she buys charcoal in order to sell it in Ayacucho, distributing it to grilled chicken restaurants and other types of restaurants.


Esther needs a loan of 2,100.00 PEN, which she will invest in purchasing grains.
Esther dreams of improving her business and of giving her children a good education.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


Esther Es socia del Banco Comunal Agua Viva.
Esther es conviviente, tiene 34 años y 4 hijos, Esther viaja a diferentes ferias de la región en donde compra quesos, cereales para luego transportarlo a la ciudad de Ayacucho y comercializarlo en los mercados. Además Esther viaja a la ciudad de Andahuaylas en donde compra carbón que luego lo vende en la ciudad de Ayacucho, repartiendo a las pollerias y restaurantes.


Esther necesita un préstamo de 2100 soles dinero que será invertido en la compra de cereales.
Esther sueña con mejorar su negocio y brindar una buena educación a sus hijos.


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Journal entries for Esther


Loan has been disbursed
 
Entrepreneur: Esther
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Esther by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 4 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Peru
Nov 4, 2008
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Kiva Help Repayment Schedule for Esther

  Expected Repayments Actual Repayments Comments
February 2009 $175.00 $175.00 Repayment Received
March 2009 $175.00 $175.00 Repayment Received
April 2009 $175.00 $175.00 Repayment Received
May 2009 $175.00 $175.00 Repayment Received