Alicia


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: Alicia
Location: Ayacucho, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $325.00
Loan Use: Buy corn, butter and sugar to make popcorn
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 22, 2008
Date Disbursed: Oct 30, 2008
Date Funded:Nov 24, 2008
Loan Ended:Mar 16, 2009

About the Country

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



Alicia is a member of the Violeta Village Bank. She is a single mother of two and has her own business selling popcorn. With her loan, she will purchase corn, butter and sugar. Alicia is saving to ensure her children remain in school to become professionals. She would also like to improve her business and purchase a small cart to sell popcorn.

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Journal entries for Alicia


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

Thank you for your loan. It has been disbursed to Alicia 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 25, 2008
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Update from Peru on your loan!
 
Entrepreneur: Alicia
Location: Ayacucho, Peru

Alicia is a member of the Violeta Village Bank. She is a single mother of two and has her own business selling popcorn.

Alicia used her loan of 1000 soles to buy more bags of maiz, to make popcorn which she sells out of a small, portable cart. She says that business is going well, although it slipped for a little while because she had some personal problems she needed to attend to. The maiz she has purchased have helped to augment her business and help it grow more. She is very thankful for FINCA and her favorite thing about FINCA is the continuous help and attention they give her.

FINCA Peru's Mission is to contribute to the empowerment of social and economically disadvantaged women in Peru. By facilitating the integral development of human capacities, FINCA Peru promotes the development of the entrepreneurial spirit within each of its clients. Its mission is to strengthen the social discipline of women through the daily practice of positive values such as equity, solidarity, respect, responsibility and honesty. Check out more FINCA Peru borrowers here!


Posted by Suzy Marinkovich from Ayacucho, Peru
Jun 25, 2009
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Kiva Help Repayment Schedule for Alicia

  Expected Repayments Actual Repayments Comments
February 2009 $162.50 $162.50 Repayment Received
March 2009 $81.25 $81.25 Repayment Received
April 2009 $81.25 $81.25 Repayment Received