Consuelo


Status: Paid Back

$1,125.00   Loan Request
$1,125.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Consuelo
Location: Ayacucho, Peru
Activity: Grocery Store

About the Loan

Loan Amount: $1,125.00
Loan Use: Buy fruitcake, wine and champagne
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 15, 2008
Date Disbursed: Dec 4, 2008
Date Funded:Dec 16, 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



Consuelo is a member of the Manantial (“Spring”) Village Bank. Consuelo is 28 years old and single; she lives with her parents. She runs a store from her home where she sells dry goods, fruits, vegetables, gifts and pills; she also has a public telephone. Her store is located on a very busy street, and she and her sister work there every day of the week. Consuelo is also studying to be an elementary school teacher. Consuelo needs a loan of 3450 soles to buy fruitcake, wine and champagne. Consuelo’s dreams are to own a larger, wholesale store, and for her siblings to finish their studies and get jobs in their respective fields.



Translated from Spanish by Cynthia McMurry, Kiva Fellow



Consuelo es socia del Banco Comunal Manantial.
Consuelo es soltera, tiene 28 años y vive con sus padres, Consuelo tiene una tienda en su casa en donde vende abarrotes, verduras, frutas, regalos, pastillas, teléfono publico, su tienda esta ubicada en una avenida muy concurrida, actividad que realiza todos los días con la ayuda de su hermana. Consuelo además estudia educación primaria en la universidad.
Consuelo necesita un préstamo de 3450 soles dinero que será invertido en la compra de panetones, vinos y champaña.
Los sueños de Consuelo son tener un negocio mas grande y ser mayorista, sus hermanos culminen sus estudios y ejercer su carrera.


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Journal entries for Consuelo


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

Thank you for your loan. It has been disbursed to Consuelo by FINCA Peru in Peru. We are excited to watch this business grow. Over the 3 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Dec 17, 2008
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Kiva Help Repayment Schedule for Consuelo

  Expected Repayments Actual Repayments Comments
February 2009 $281.25 $281.41 Repayment Received
March 2009 $281.25 $281.09 Repayment Received
April 2009 $281.25 $281.25 Repayment Received
May 2009 $281.25 $281.25 Repayment Received