Esperanza Onofre De Cotrado


Status: Paid Back

$400.00   Loan Request
$400.00   Paid Back

About the Entrepreneur

Name: Esperanza Onofre De Cotrado
Location: Juli, Chucuito - Puno, Peru
Activity: Weaving

About the Loan

Loan Amount: $400.00
Loan Use: Purchase fabrics and yarns at wholesale.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 7, 2008
Date Disbursed: Oct 22, 2008
Date Funded:Nov 8, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0943 PEN = 1 USD



Esperanza is 67 years old, married, and the mother of six children. She studied to the third year of secondary school. She lives in the Chuchito province, Puno, and is a founding member of the communal bank. With her first loan of 300.00 soles received 10 years ago, she augmented her working capital and purchased fabrics for making borders. Esperanza worked for many years selling watches that she brought from Desaguadero to Cusco. One of her daughters died, which made her very melancholy, and caused her to switch her endeavors instead to handmade crafts. Currently, she dedicates herself to her enterprise making fabric borders that she herself may make or purchase in the countryside. She sends her borders to her daughter who travels to Chile. With the loan of 1,200.00 soles that she is requesting and intends to pay in 4 installments, she will buy fabric and yarn of various colors. Her wish is to open a grocery store to sell products from her own home.


Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


Doña Esperanza tiene 67 años de edad, es casada y madre de 06 hijos, estudio el tercer año de secundaria, vive en el Jr. Yunguyo del Distrito de Juli, Provincia de Chuchito-Puno.n Es una de las socias fundadoras del Banco Comunal “Pequeña Roma” –Juli, hace 10 años, con el primer préstamo de S/. 300.00 nuevos soles aumento su capital y compro bayeta (telas) para bordados. Doña Esperanza, trabajo por muchos años dedicada al negocio de venta de relojes que traía de Desaguadero y llevaba a Cusco, una de sus hija falleció y eso la entristeció bastante por lo que dejo de viajar y dedicarse a la artesanía. Actualmente se dedica al negocio de bordados en bayeta que ella misma teje y a veces compra en el campo, envía sus bordados a su hija que viaja a Chile.nnCon el préstamo que solicitara de S/. 1200.00 nuevos soles que solicitara y que pagara en 04 cuotas comprara bayeta y lana de diferentes colores.nnSu deseo es abrir una tienda de abarrotes para vender en su propia casan

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Journal entries for Esperanza Onofre De Cotrado


Loan has been disbursed
 
Entrepreneur: Esperanza Onofre De Cotrado
Location: Juli, Chucuito - Puno, Peru

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


Posted by from Juli, Chucuito - Puno, Peru
Nov 9, 2008
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Kiva Help Repayment Schedule for Esperanza Onofre De Cotrado

  Expected Repayments Actual Repayments Comments
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received