Señor De Potocchi Group


Status: Paid Back

$1,725.00   Loan Request
$1,725.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Señor De Potocchi Group
Group Members: ROSA MUÑOZ DE OCHOA
AURELIA CCORA DE AYUQUE
KELINA MARTINEZ CURIPACO
FELICITA JULIA OTAÑE CURASMA
BLANCA ELIZABETH AYUQUE CCORA
YADIRA EVELINA HUAMAN AYUQUE
ELENA PALACIOS DE SAYAS
JAQUELINE CABEZAS AYUQUE
BRIAXIS ANITA TICONA URRUCHI
EUSEBIA RIVEROS HILARIO
JUANA PAULINA MUÑOZ DE CAHUANA
Location: Location Undisclosed, Peru
Activity: Retail

About the Loan

Loan Amount: $1,725.00
Loan Use: to buy construction materials, to pay the rent, etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 3, 2008
Date Disbursed: Nov 14, 2008
Date Funded:Dec 25, 2008
Loan Ended:Jun 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



The Señor de Potochi Village Bank is located in the Ascensión community of the Huancavelica Department. The district is popular with tourists, since it has some thermal baths, which are separated by the Ichu River.



Rosa Muño is married and has a small store, which she runs with the help of her husband. He used to work as a janitor at a local school, but is now retired and receives a pension. “I’ve learned to save and how to distribute my money within my business,” she says. She will use her loan to buy construction materials for her store and to pay the rent.



Aurelia Ccora is married and has a store where she sells drinks, dry goods, and sweets. Years ago, her husband had an accident and as a result her business suffered, so now she uses her loans to buy more merchandise to restock the store. Her dream is to have a business to train women to weave and do handicrafts.



Blanca Ayuque is married and has an 8-year-old son. She has a boutique which she would like to stock with more things such as cosmetics. She also wants to save up to buy a home.



Translated from Spanish by Cynthia McMurry, Kiva fellow



El bancomunal Señor de Potochi, esta ubicado en la comunidad de Ascensión en el departamento de Huancavelica. Esta es una zona turística cuenta con aguas termales separadas por el Rio Ichu.



Rosa Muño, es casada, tiene una pequeña tienda que trabaja con el apoyo de su esposo que trabajaba como personal de servicio en un Colegio, ya dejo de trabajar y ahora cobra su seguro. “He aprendido a ahorrar y a saber distribuir el dinero de mi negocio”. Su préstamo lo utilizará en comprar materiales de construcción para su tienda y también para dar en alquiler.



Aurelia Ccora, es casada, tiene una tienda de bebidas, abarrotes y golosinas. Hace años su esposo se accidento y su negocio bajo, por eso ahora sus prestamos los utiliza en comprar mas mercadería, su sueño es tener una empresa para capacitar a mujeres en tejidos y artesanías.



Blanca Ayuque, es casada y tiene un hijo de 8 años, tiene una boutique a la cual le gustaría surtir con mas cosas y así equipar su negocio, le gustaría comprar mas cosméticos y ahorrar para comprar su casa.



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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Journal entries for Señor De Potocchi Group


Loan has been disbursed
 
Entrepreneur: Señor De Potocchi Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to the ROSA MUÑOZ DE OCHOA group, consisting of ROSA MUÑOZ DE OCHOA , AURELIA CCORA DE AYUQUE , KELINA MARTINEZ CURIPACO , FELICITA JULIA OTAÑE CURASMA , BLANCA ELIZABETH AYUQUE CCORA , YADIRA EVELINA HUAMAN AYUQUE , ELENA PALACIOS DE SAYAS , JAQUELINE CABEZAS AYUQUE , BRIAXIS ANITA TICONA URRUCHI , EUSEBIA RIVEROS HILARIO , JUANA PAULINA MUÑOZ DE CAHUANA by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Peru
Dec 26, 2008
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Kiva Help Repayment Schedule for Señor De Potocchi Group

  Expected Repayments Actual Repayments Comments
February 2009 $287.50 $287.50 Repayment Received
March 2009 $287.50 $287.50 Repayment Received
April 2009 $287.50 $287.50 Repayment Received
May 2009 $287.50 $287.50 Repayment Received
June 2009 $287.50 $287.62 Repayment Received
July 2009 $287.50 $287.38 Repayment Received