Valeria


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Valeria
Location: Ayacucho, Peru
Activity: Shoe Sales

About the Loan

Loan Amount: $325.00
Loan Use: Will use her loan of 1000 soles to invest in her business by purchasing more shoes
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 25, 2008
Date Disbursed: Oct 31, 2008
Date Funded:Nov 25, 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



Valeria Antonio Araujo is a member of the Las Gaviotas Community Bank, whose name means “the seagulls” in Spanish. Valeria sells shoes, mostly for children, but also various types for adults. She works daily at one of the busiest local markets in the area. She will use her loan of 1000 soles to invest in more shoes. She is currently saving to purchase her own land to build a house. She also hopes to ensure that her children continue studying and that she will be able to continue working on her business.

Translated from Spanish by Sarah Bishop, Kiva Volunteer


Valeria Antonio Araujo es un miembro del banco comunal las gaviotas, que significa “seagulls” en español. Valeria se dedica a la venta de zapatos para niños, pero también venda zapatos para mayores. Ella trabaja diario en uno de los mercados más visitados en la area. Utilizará su préstamo de 1000 soles para invertir en su negocio con la compra de zapatos. Actualmente ella estå ahorrando para comprar para comprar tierra para construir una casa propia. Ella quiere apoyar a sus hijos para que siguen adelante con sus estudios y desea seguir trabajando con su negocio,

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Journal entries for Valeria


Loan has been disbursed
 
Entrepreneur: Valeria
Location: Ayacucho, Peru

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


Posted by from Ayacucho, Peru
Nov 26, 2008
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Kiva Help Repayment Schedule for Valeria

  Expected Repayments Actual Repayments Comments
January 2009 $81.25 $81.25 Repayment Received
February 2009 $81.25 $81.25 Repayment Received
March 2009 $81.25 $81.25 Repayment Received
April 2009 $81.25 $81.25 Repayment Received