Marcela Velasco Huanca


Status: Paying Back

$500.00   Loan Amount
83% repaid

About the Entrepreneur

Name: Marcela Velasco Huanca
Location: Ninachiri, Bolivia
Activity: Milk Sales

About the Loan

Loan Amount: $500.00
Loan Use: MEDIUM DAIRY COW (TO INCREASE MILK PRODUCTION)
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 9, 2008
Date Disbursed: Nov 17, 2008
Date Funded:Dec 9, 2008

About the Country

Country:Bolivia
Avg Annual Income:$2,817.00
Currency:United States Dollars (USD)



Marcela is a cow milk producer and small farmer who grows potatoes and produces potato flour (which comes from potatoes); she and her husband, a builder by trade, supplement their income by these means to cover family expenses. She has her own house in the rural area of the Ninachiri Provincia los Andes community, an hour and a half from the city of El Alto.


She will use the loan to buy a medium dairy cow to help her increase milk production.


This is her third loan with Impro, for which she has been approved on account of her good credit history.

Translated from Spanish by Eleanor Stilgoe, Kiva Volunteer


Marcela es productora de leche de vaca y pequeña agricultora, cultiva papa y chuño (que es un derivado de la papa); el esposo trabaja como albañil y así complementan sus fuentes de ingreso con que cubren los gastos familiares. Tiene su casa propia en el área rural ubicada en la comunidad Ninachiri Provincia los Andes a una hora y media de la ciudad de El Alto.

El crédito lo destinará para la compra de una vaca lechera de mediana calidad, que le ayudara para obtener una mayor producción de leche.

Es su tercer crédito con Impro, su buen comportamiento de pago permite aprobar el préstamo solicitado.


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Journal entries for Marcela Velasco Huanca


Loan has been disbursed
 
Entrepreneur: Marcela Velasco Huanca
Location: Ninachiri, Bolivia

Thank you for your loan. It has been disbursed to MARCELA VELASCO HUANCA by IMPRO in Bolivia. We are excited to watch this business grow. Over the next 12 months, IMPRO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ninachiri, Bolivia
Dec 10, 2008
Comment on this entry

Update
 
Entrepreneur: Marcela Velasco Huanca
Location: Ninachiri, Bolivia

The loan is 25% re paid and Marcela said everything is fine in her farm, the cows are healthy and giving her a lot of milk


Posted by Jose Jimenez from Ninachiri, Bolivia
Mar 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Marcela Velasco Huanca

  Expected Repayments Actual Repayments Comments
February 2009 $41.67 $41.67 Repayment Received
March 2009 $41.67 $41.67 Repayment Received
April 2009 $41.67 $41.67 Repayment Received
May 2009 $41.67 $0.00 Repayment Received
June 2009 $41.67 $41.65 Repayment Received
July 2009 $41.67 $41.66 Repayment Received
August 2009 $41.67 $41.67 Repayment Received
September 2009 $41.67 $41.67 Repayment Received
October 2009 $41.67 $41.66 Repayment Received
November 2009 $41.67 $41.67 Repayment Received
December 2009 $41.67 $41.67  
January 2010 $41.63 Available Jan 1