Maria


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Maria
Location: Pucallpa, Peru
Activity: Cosmetics Sales

About the Loan

Loan Amount: $500.00
Loan Use: Increase beauty products
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 15, 2008
Date Disbursed: Nov 25, 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



Maria is a 40-year-old woman who lives with her 3 school age children and her husband, who gives her great support. She sells beauty products in the different sections of her district. She accepts payments in cash or credit for her products. She has been in this business for a year now, and what she likes about her job is dealing directly with her clientele. She has loyal customers who really need her products, so her business is prospering. This is her sixth loan with MFP, and she has demonstrated that she is responsible with her payments. With the loan that she is requesting, she will purchase more beauty products so that she can better stock her small display case.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


María tiene 40 años de edad, vive junto a sus 3 hijos que estudian y a su esposo quien la apoya mucho. Ella se dedica a la venta de productos de belleza, los lleva a vender por los diferentes lugares de su zona, dejándolos al crédito o al contado, esta actividad la viene realizando hace un año atrás, y lo que le gusta de su trabajo es tratar directamente con sus clientes. Cuenta con una fiel clientela que requieren mucho de sus productos y le va bien. Este es su 6to préstamo con MFP, y ha demostrado ser responsable con sus pagos. Con el dinero que solicita quiere comprar más productos de belleza y así estoquear mejor su pequeña vitrina de exhibición.

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Journal entries for Maria


Loan has been disbursed
 
Entrepreneur: Maria
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Maria by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 6 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Dec 26, 2008
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Kiva Help Repayment Schedule for Maria

  Expected Repayments Actual Repayments Comments
February 2009 $77.02 $77.02 Repayment Received
March 2009 $75.87 $75.87 Repayment Received
April 2009 $81.31 $81.31 Repayment Received
May 2009 $85.75 $85.75 Repayment Received
June 2009 $88.22 $88.21 Repayment Received
July 2009 $91.83 $91.84 Repayment Received