Celia Castillo De Castillo


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Celia Castillo De Castillo
Location: Condurri, El Collao, Puno, Peru
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $500.00
Loan Use: Purchase alpaca meat and vegetables
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



Celia is a 44-year-old who only attended the first grade. She is a married mother of 3 children—2 sons ages 24 and 21, and 1 daughter age 18. She lives in the Conduriri district in the province of El Collao, Puno.
She has been a member of the “Maria Parado de Bellido” Microfinance Institute in Conduriri for 4 years. With her first loan of 300.00 PEN, she purchased vegetables, which she currently sells. Ms. Celia lost her mother when she was only a year old, then lost her father at age 3, so she was raised by other families. She was unable to study because she was a sherpedess. At 20 years old, she got married and started to sell vegetables. Her husband buys and sells mutton and alpaca meat, which he takes directly to the city of Tacna.
With this loan of 1,500.00 PEN, which will be repaid in 3 monthly installments, she will purchase 6 alpaca carcasses at 900.00 PEN each, which will be sold in the city of Tacna. She will also purchase vegetables at 500.00 PEN each so that she can sell them wholesale and retail in the Saturday market in Conduriri.
She dreams of increasing her capital in the meat business, and of her children studying and working.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


Celia tiene 44 años de edad, sólo estudió el primer año de primaria, es casada y madre de 03 hijos (02 varones de 24 y 21 años y 01 mujer de 18 años de edad). Vive en el distrito de Conduriri, provincia El Collao, Puno.

Desde hace 4 años es socia del Banco Comunal “Maria Parado de Bellido” en Conduriri. Con su crédito inicial de S/.300, compró verduras, negocio que se dedica en la actualidad. Doña Celia quedó huérfana de madre al primer año de edad y a los 3 años quedó huérfana de padre. Creció con otras familias, no pudo estudiar porque solo se dedicaba al pastoreo y a los 20 años de edad tuvo su pareja y empezó a vender verduras. Su esposo se dedica a la compra y venta de carne de alpaca, ovino, el cual lleva directamente a la ciudad de Tacna.

Con este préstamo de S/.1,500, el cual será cancelado en 03 cuotas, comprará 06 degollados de carne de alpaca a S/.900, los cuales serán comercializados en la ciudad de Tacna, también comprará verduras a un valor de S/.500 para ser vendidos en la feria sabatina de Conduriri al por mayor y al por menor.

Su sueño es aumentar su capital en el negocio de carne y que sus hijos estudien y trabajen.

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Journal entries for Celia Castillo De Castillo


Loan has been disbursed
 
Entrepreneur: Celia Castillo De Castillo
Location: Condurri, El Collao, Puno, Peru

Thank you for your loan. It has been disbursed to Celia Castillo De Castillo 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 Condurri, El Collao, Puno, Peru
Nov 7, 2008
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Kiva Help Repayment Schedule for Celia Castillo De Castillo

  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