Julia


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: Julia
Location: Juliaca, Peru
Activity: Tailoring

About the Loan

Loan Amount: $650.00
Loan Use: Purchase fabric for making clothes
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 27, 2009
Date Disbursed: Jan 5, 2009
Date Funded:Jan 27, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1076 PEN = 1 USD



Julia is 33 years old and is a single mother with two children: Junior, 10 and Erlin, 8. She lives with her children in the home that she owns. She works making clothes in her small tailoring shop and has done so for the past 13 years. She has always liked designing and making clothes and that’s why she has this job. She really likes it because she decides her schedule and she challenges herself to finish the clothing [her customers] order. Making clothes is a job that requires a lot of effort in order to have a good finished product. The difficult part of her job are the many times Julia has cut or jabbed herself with needles and pins. But she has learned how to deal with this and knows it is just one of the risks of being a seamstress. This is Julia’s eighth loan with Microfinanzas PRISMA and in her 4 years with MFP she has always been very responsible and on-time with her payments. With this loan money she will buy more material and fabric to make more clothing and increase her earnings.

Translated from Spanish by Rachel Crouch, Kiva Volunteer


Julia tiene 33 años, es madre soltera de dos hijos; Junior de 10 y Erlin de 8, con quienes vive en su casa propia. Se dedica a la elaboración de prendas en su pequeña sastrería desde hace 13 años, a ella siempre le ha gustado el oficio de corte y confección y es por eso que se dedica a realizar este trabajo en el cual se siente muy bien, ya que decide sus horarios y se exige ella misma para acabar las prendas que le solicitan. La confección de ropa es un trabajo que requiere de mucho esfuerzo para un buen acabado final, muchas veces Julia se llega a cortar o a punzar con las agujas y alfileres, siendo esto las dificultades en su trabajo, a lo que ella ya se acostumbró sabiéndolo sobrellevar pensando que son los gajes del oficio. Julia se encuentra en su octavo préstamo con Microfinanzas PRISMA, demostrando en este tiempo, casi 4 años con MFP, ser muy responsable y puntual en los pagos. Con el dinero que solicita comprará mayor cantidad de tela para confeccionar más prendas y así aumentar sus ingresos.

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Journal entries for Julia


Loan has been disbursed
 
Entrepreneur: Julia
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Julia by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 6 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Juliaca, Peru
Jan 28, 2009
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Confecciona más prendas de vestir.
 
Entrepreneur: Julia
Location: Juliaca, Peru

Con el crédito que le concedieron a Julia, pudo comprar más telas, botones, cierres, para confeccionar una mayor cantidad de prendas de vestir. Con esta inversión, Julia tiene más trabajo por lo que se dedicará a confeccionar para más gente y para las instituciones educativas por lo que tiene un convenio con ellas para hacer uniformes. Ella agradece la confianza que depositaron en ella cuando le brindaron el préstamo que fue muy importante para el progreso de su negocio. Asimismo agradece el asesoramiento y apoyo de los miembros del banco comunal. Julia desea que su negocio siga mejorado y para ello esta dispuesta a trabajar muy duro para lograrlo ya que su mayor anhelo es dar bienestar a sus hijos.


Posted by Betsabé Bruno Morales from Juliaca, Peru
Oct 21, 2009
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Kiva Help Repayment Schedule for Julia

  Expected Repayments Actual Repayments Comments
April 2009 $108.22 $108.23 Repayment Received
May 2009 $108.22 $108.23 Repayment Received
June 2009 $108.22 $108.22 Repayment Received
July 2009 $108.22 $108.23 Repayment Received
August 2009 $108.22 $108.23 Repayment Received
September 2009 $108.90 $108.86 Repayment Received