Cecilia Limachi Ginez


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Cecilia Limachi Ginez
Location: Ilave, El Collao - Puno, Peru
Activity: General Store

About the Loan

Loan Amount: $500.00
Loan Use: Purchase rice, flour, sugar, milk, cooking oil, soft drinks, cookies, etc.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 23, 2008
Date Disbursed: Nov 6, 2008
Date Funded:Oct 23, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0879 PEN = 1 USD



Ms. Cecilia Limachi is 30 years old. She studied in a medical assistant program up to the fifth semester. She is single and lives in Jr. 3 de Mayo Nº 235, in the Ilave district of the El Collao, Puno province.
She has been a member of the “San Miguel” Microfinance Institute for two years. With her first loan of 300.00 PEN, she increased her capital and purchased soft drinks, rice, sugar, cooking oil, milk, and other goods for her general store.
She started her business at age 23. Her father passed away and left her mother in charge of everything. She was unable help Cecilia complete her studies because she had many siblings.
With this loan of 1,500.00 PEN, which will be repaid in 3 monthly installments, she will purchase 2 sacks of rice, 3 sacks of flour, 2 sacks of sugar, 3 crates of milk, 2 boxes of cooking oil, soft drinks, cookies, etc.
She dreams of having many branches of a wholesale store.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


Doña Cecilia tiene 30 años de edad, estudió Enfermería Técnica hasta el quinto semestre, es soltera y vive en el Jr. 3 de Mayo Nº 235, distrito de Ilave, provincia El Collao, Puno.

Desde hace dos años es una de las Socias del Banco Comunal “San Miguel”. Con el préstamo inicial de S/. 300, aumentó su capital y compró gaseosas, arroz, azúcar, aceite, leche, etc., para su tienda.

Desde los 23 años de edad empezó con su negocio, su padre falleció y dejo todo a cargo de su madre, quién no pudo apoyarla a concluir sus estudios por que eran varios hermanos.

Con este préstamo de S/.1,500, el cual será cancelado en 03 cuotas, comprará 02 sacos de arroz, 03 sacos de harina, 02 sacos de azúcar, 03 cajas de leche, 02 cajas de aceite, gaseosas, galletas, etc.

Su sueño es tener una tienda de distribución al por mayor y muchas sucursales.

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Journal entries for Cecilia Limachi Ginez


Loan has been disbursed
 
Entrepreneur: Cecilia Limachi Ginez
Location: Ilave, El Collao - Puno, Peru

Thank you for your loan. It has been disbursed to Cecilia Limachi Ginez by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 3 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ilave, El Collao - Puno, Peru
Nov 7, 2008
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Kiva Help Repayment Schedule for Cecilia Limachi Ginez

  Expected Repayments Actual Repayments Comments
February 2009 $166.67 $166.67 Repayment Received
March 2009 $166.67 $166.67 Repayment Received
April 2009 $166.66 $166.66 Repayment Received