Domitila


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $650.00
Loan Use: To buy merchandise for her store
Repayment Term: 11 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Dec 17, 2008
Date Disbursed: Nov 27, 2008
Date Funded:Dec 18, 2008
Loan Ended:Sep 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



Domitila is 31 years old and lives with her husband and 2 children. Ten years ago she opened a store in her home, taking advantage of her location as there are always taxis passing, as well as neighbours, as she is centrally located. Thus she tends to her clientele daily from morning 'til night and sales have surpassed her expectations. She is very excited to continue building her business with which she makes enough money to cover her household costs, which is the greatest satisfaction she can know. This is the second time Domitila has requested a loan from MFP, and she is one of the most punctual clients in her community bank. With this loan she will be able to acquire more merchandise, allowing her to make greater profits. Specifically, she will buy beer, bags of rice and sugar as well as other typical foods.

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Translated from Spanish by Laure Kwon, Kiva Volunteer


Domitila tiene 31 años, vive con su esposo y sus 2 hijos. Desde hace 10 años instaló una tienda en su propia casa, aprovechando la ubicación comercial que tiene esta, ya que por ahí siempre pasan los transportistas de taxi, así como sus vecinos, por ser un punto central de su zona, es así que ella atiende todos los días desde la mañana hasta la tarde y las ventas que se ha propuesto las ha superado, por lo que está muy animada de continuar con su negocio, con el que obtiene los ingresos que le permiten solventar los gastos de su familia, y esa es la mejor satisfacción que ella puede tener. Es la segunda vez que Domitila solicita un préstamo con MFP, y es una de las clientas más puntuales de su banco comunal. Con esta cantidad podrá adquirir mayor cantidad mercadería que le permitirá tener más ganancias, comprará cerveza, sacos de arroz, azúcar y también menestras.

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Journal entries for Domitila


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

Thank you for your loan. It has been disbursed to Domitila by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 8 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 19, 2008
Comment on this entry

Se abasteció de más productos para su tienda.
 
Entrepreneur: Domitila
Location: Huancayo, Peru

Con el préstamo que adquirió Domitila, compró mercadería en productos de primera necesidad para abastecer su tienda. De esta manera ha aumentado sus ventas, así como la concurrencia de sus clientes es más continua por la variedad de productos que tiene. El haber accedido a los créditos de Microfinanzas PRISMA, su trabajo se ha establecido, por ello esta muy agradecida, asimismo esta contenta con su Banco Comunal ya que fueron buenos dándole aportes para el crecimiento de su negocio. Con el tiempo espera ampliar su puesto de ventas e implementarla con más mercadería para tener un minimarket.


Posted by Betsabé Bruno Morales from Huancayo, Peru
Sep 14, 2009
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Kiva Help Repayment Schedule for Domitila

  Expected Repayments Actual Repayments Comments
September 2009 $0.00 $486.64  
October 2009 $650.00 $163.36 Repayment Received