Raida


Status: Paid Back

$175.00   Loan Request
$175.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Raida
Location: Huancayo, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $175.00
Loan Use: To rent premises for her food business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 17, 2008
Date Disbursed: Dec 10, 2008
Date Funded:Dec 17, 2008
Loan Ended:Jul 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



Raida is 37 years old, married, and lives with her husband and 2 children. Every morning she wakes up to prepare the food she will sell for breakfast in the entrances of the most crowded public places, such as markets and schools or high schools. She has been doing this for 4 years and since then has been full of enthusiasm to go out every morning. Thanks to her good treatment of people, she also has clients in the evenings and she goes out to sell snacks, which makes this business one of her most profitable, her greatest obstacle to increasing her income is the difficulty in transporting her tricycle to the spots where she sells. This is her first loan with MFP. She will invest the loan in a the rental of premises where she can more comfortably sell her delicious dishes to her clients.

Translated from Spanish by Laure Kwon, Kiva Volunteer


Raida tiene 37 años, es casada, vive con su esposo y sus 2 hijos. Todas las mañanas se levanta para preparar los alimentos necesarios que venderá como desayuno en las puertas de los lugares públicos más concurridos, como los mercados y escuelas o colegios, esta actividad la viene realizando por 4 años, y desde entonces ha tenido el entusiasmo de salir todas las mañanas, gracias a su buen trato con las personas, también tiene clientela en las tardes y sale a vender algunos aperitivos, haciendo de esta actividad una de sus labores más rentables, para incrementar sus ingresos económicos, lo difícil es trasladar su triciclo al lugar donde vende. Este es su primer crédito con MFP. Con el dinero solicitado invertirá en el alquiler de un local donde pueda vender más cómodamente los deliciosos platillos a sus clientes.

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Journal entries for Raida


Loan has been disbursed
 
Entrepreneur: Raida
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Raida by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 5 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancayo, Peru
Dec 18, 2008
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Kiva Help Repayment Schedule for Raida

  Expected Repayments Actual Repayments Comments
March 2009 $29.05 $29.05 Repayment Received
April 2009 $29.05 $29.05 Repayment Received
May 2009 $29.05 $29.05 Repayment Received
June 2009 $29.05 $29.04 Repayment Received
July 2009 $29.05 $29.05 Repayment Received
August 2009 $29.75 $29.76 Repayment Received