Santo Domingo Acocro Group
Status: Paid Back
| $4,550.00 | Loan Request | |
|---|---|---|
| $4,550.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names and location be undisclosed)| Group Name: | Santo Domingo Acocro Group |
|---|---|
| Group Members: |
Julia Gloria Martha Tereza Margarita Magana Amelia Leonidas Marcelina Isidora Apolonia Maritza Rayda Teodora Neri Maria A. Emilia Sabina |
| Location: | Location Undisclosed, Peru |
| Activity: | Animal Sales |
About the Loan
| Loan Amount: | $4,550.00 |
|---|---|
| Loan Use: | To improve their businesses. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Irregularly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 16, 2009 |
| Date Disbursed: | Oct 30, 2008 |
| Date Funded: | Jan 16, 2009 |
| Loan Ended: | May 15, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | FINCA Peru |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9340 |
| Total Loans: | $2,717,400 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
|---|---|
| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 3.0662 PEN = 1 USD |
Julia Gomez Huaccachi is a member of the community bank, Santo Domingo Acocro in Acocro, which is best known for its high production of grains. Unfortunately, there is not an easy way to access the fairs in the area, which is problematic because most vendors in Perú rely on the weekly fairs to sell their goods. Most businesses are based on the markets of agriculture and selling small animals.
Julia sells animals and soon she would like to begin selling adult and children’s clothing as well. She lives in Acocro with her husband and their 6 children. She will invest her loan of 600 soles into improving her quality of life and to purchase and to improve her business. She is currently saving to purchase a car which is one of her goals. Ensuring her children continue their education and become professionals is another dream of hers.
The community bank, Santo Domingo de Acocro, needs a loan for 13,900 nuevos soles in order for 15 of its members to improve their businesses.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
Julia sells animals and soon she would like to begin selling adult and children’s clothing as well. She lives in Acocro with her husband and their 6 children. She will invest her loan of 600 soles into improving her quality of life and to purchase and to improve her business. She is currently saving to purchase a car which is one of her goals. Ensuring her children continue their education and become professionals is another dream of hers.
The community bank, Santo Domingo de Acocro, needs a loan for 13,900 nuevos soles in order for 15 of its members to improve their businesses.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Top Lending Teams for this group
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Journal entries for Santo Domingo Acocro Group
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Loan has been disbursed
Location: Location Undisclosed, Peru
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Posted by
from Location Undisclosed, Peru
Jan 17, 2009 |
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Comments (2)
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Repayment Schedule for Santo Domingo Acocro Group
Repayment Schedule for Santo Domingo Acocro Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| March 2009 | $2,274.99 | $2,275.00 |  Repayment Received
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| May 2009 | $1,516.66 | $1,516.66 | Repayment Received
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| June 2009 | $758.35 | $758.34 | Repayment Received
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