Miriam


Status: Paid Back

$350.00   Loan Request
$350.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Miriam
Location: Ayacucho, Peru
Activity: Beauty Salon

About the Loan

Loan Amount: $350.00
Loan Use: Buy sweets and drinks
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 3, 2009
Date Disbursed: Dec 24, 2008
Date Funded:Jan 3, 2009
Loan Ended:May 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0953 PEN = 1 USD



Miriam is a member of the Ayllu (Family) Village Bank. She is 23 years old and lives with her common-law husband and their one young daughter, who is almost two years old. Miriam works at a beauty salon owned by her in-laws on Asamblea Avenue, one of Ayacucho’s main pedestrian streets. She, her husband and her husband’s two siblings work at the spa, offering a range of services from haircuts to dye jobs and perms. The spa is very popular; even Miriam’s loan officer is a client.

Miriam is requesting a loan of 1050 soles to open a snack stand in the spa. She will use the loan to buy sweets and drinks to sell.

Miriam’s goal for the future is to buy a plot of land to build a house on.


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Journal entries for Miriam


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

Thank you for your loan. It has been disbursed to Miriam 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
Jan 4, 2009
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Kiva Help Repayment Schedule for Miriam

  Expected Repayments Actual Repayments Comments
March 2009 $87.50 $87.50 Repayment Received
April 2009 $87.50 $87.50 Repayment Received
May 2009 $87.50 $87.50 Repayment Received
June 2009 $87.50 $87.50 Repayment Received