Gladys


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $450.00
Loan Use: To buy grains and pigs
Repayment Term: 5 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 7, 2009
Date Disbursed: Jan 5, 2009
Date Funded:Jan 7, 2009
Loan Ended:May 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1355 PEN = 1 USD



Gladys is a member of the Alianza ("Alliance") Village Bank. She is 42 years old and is separated with one son. Gladys has several businesses: she has a pig farm, she buys and sells grains, and she also grinds some of the grain into flour to sell. She buys the grains from farmers or intermediaries, and resells them (whole or ground) in local markets. She sells some of the flour to market vendors, who use it to make wawa, a traditional kind of bread. Gladys also sells suckling pigs for 16 soles per kilo on special occasions like Christmas and New Year's.


Gladys is requesting a loan of 1,400 soles (USD$450) to buy grains and two to three pigs.



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Journal entries for Gladys


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

Thank you for your loan. It has been disbursed to Gladys 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 8, 2009
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Kiva Help Repayment Schedule for Gladys

  Expected Repayments Actual Repayments Comments
March 2009 $112.50 $112.50 Repayment Received
April 2009 $112.50 $112.50 Repayment Received
May 2009 $112.50 $112.50 Repayment Received
June 2009 $112.50 $112.50 Repayment Received