Aurora Alvarado Silvano


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Aurora Alvarado Silvano
Location: Callería - Ucayali, Peru
Activity: Fish Selling

About the Loan

Loan Amount: $500.00
Loan Use: Purchase 60 kilograms of fish
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 11, 2008
Date Disbursed: Oct 13, 2008
Date Funded:Nov 11, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD



Ms. Aurora Alvarado is a member of the Las Esmeraldas (The Emeralds) microfinance institute, located on Aviación Avenue, Block A, Lot 14 AAHH, El Encanto, district of Callería, in the Coronel Portillo province of the department of Ucayali. She is a 34-year-old mother of three underage children. Her husband is a fisherman. She decided to invest her first 300.00 PEN loan from Manuela Ramos in fish sales. She has been working with this microfinance institute for 3 years.
She currently owns this business, along with 2 fishing vessels. She works with the help of her husband. Their profits have increased over the past few months.
With this 1,500.00 PEN loan, which will be repaid in 5 months, she will purchase 60 kilograms of different types of fish.
Aurora expresses her joy because everything that she has achieved is due to her efforts and her willingness to work.




Translated from Spanish by Elizabeth Casian, Kiva Volunteer


La señora Aurora pertenece al Banco Comunal Las Esmeraldas ubicado en la Av. Aviación Mz. A Lt. 14 AAHH. El Encanto, distrito de Callería, provincia de Coronel Portillo, departamento de Ucayali. Tiene 34 años, es madre de 3 hijos menores de edad que aún dependen de ella, es casada y su esposo se dedica a la pesca. Con el primer préstamo que recibió de Manuela Ramos de S/. 300 decide invertir en la venta de pescado. Tiene 3 años trabajando con el banco comunal.

En la actualidad cuenta con el mismo negocio y con 2 botes pescadores. Trabaja con la ayuda de su esposo. Sus ganancias han aumentando en estos últimos meses.

Con este préstamo de S/. 1,500, el cual será pagado en 5 meses, comprará 60 kilos de pescado de diferente calidad.

Aurora manifiesta felicidad porque todo lo que ha logrado es gracias a su esfuerzo y voluntad para el trabajo.


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Journal entries for Aurora Alvarado Silvano


Loan has been disbursed
 
Entrepreneur: Aurora Alvarado Silvano
Location: Callería - Ucayali, Peru

Thank you for your loan. It has been disbursed to Aurora Alvarado Silvano by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 5 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Callería - Ucayali, Peru
Nov 12, 2008
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Kiva Help Repayment Schedule for Aurora Alvarado Silvano

  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
May 2009 $100.00 $100.00 Repayment Received