Maria


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Maria
Location: Huancayo, Peru
Activity: Bricks

About the Loan

Loan Amount: $1,175.00
Loan Use: Purchase of firewood for her brick kiln.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 11, 2008
Date Disbursed: Nov 25, 2008
Date Funded:Nov 11, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0432 PEN = 1 USD



Maria, 39, lives with her husband and 3 children. Fifteen years ago, with their usual dedication, they began their own brick manufacture. In the beginning, they worked all alone making the bricks, gathering the materials, mixing, molding the mixture, heating the kiln, and finally baking the bricks for 3 days. Now, with the gradual growth of their family business, they have the opportunity to hire laborers for this work, although in any case Maria and her husband will continue giving themselves to their business, thanks to the increasing orders for bricks, that are sold by the thousands and in construction markets.

Maria works like this to support the expenses of the household and her children's education. She is requesting this loan so she can purchase firewood for her brick kiln and also to pay her day laborers.

Translated from Spanish by Susan Sanford, Kiva Volunteer


Maria tiene 39 años, vive con su esposo y sus 3 hijos. Junto a su esposo, desde hace15 años, viene dedicándose arduamente, en lo que es para ellos un esfuerzo familiar, su propia fábrica de ladrillos, en un inicio, solo ellos trabajaban todo el día en fabricación de los ladrillos, desde obtener la materia prima, mezclar los materiales, amasar y moldear la mezcla, caldear el horno, para luego hacerlos cocer cerca de 3 días, ahora, con el crecimiento gradual de su negocio familiar, tienen la posibilidad de contratar peones para esta labor, aunque de todas maneras Maria y su esposo siguen dedicándose a esta labor, debido al aumento de pedidos de ladrillos, que son vendidos por millares y en las ferias de construcción. Maria trabaja de esta manera para sustentar la economía de su hogar y los gastos de estudios de sus hijos. Solicita este préstamo con el que podrá comprar leña para su horno de ladrillos y también para el pago de jornal de los peones que contratará.

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Journal entries for Maria


Loan has been disbursed
 
Entrepreneur: Maria
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Maria 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 Huancayo, Peru
Nov 26, 2008
Comments (1)

Incrementó su producción de ladrillos
 
Entrepreneur: Maria
Location: Huancayo, Peru

María solicitaba un préstamo para implementar su fábrica de ladrillos, con el dinero que obtuvo ha arrendado otro terreno para seguir extrayendo la arcilla para sus ladrillos e incrementar su producción, además pudo mandar a elaborar otro horno de cocimiento y comprar los insumos que necesitaba. María agradece por la oportunidad brindada y la confianza puesta en su trabajo, ya que ahora nota un gran crecimiento en su negocio y en sus ingresos económicos.


Posted by Rozana Guevara Centeno from Huancayo, Peru
Jun 4, 2009
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Kiva Help Repayment Schedule for Maria

  Expected Repayments Actual Repayments Comments
February 2009 $195.83 $195.83 Repayment Received
March 2009 $195.83 $195.83 Repayment Received
April 2009 $195.83 $195.83 Repayment Received
May 2009 $195.83 $195.83 Repayment Received
June 2009 $195.83 $195.83 Repayment Received
July 2009 $195.85 $195.85 Repayment Received