Maria Carmela


Status: Paid Back

$475.00   Loan Request
$475.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $475.00
Loan Use: Purchase of rice, sugar and noodles
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 8, 2009
Date Disbursed: Jan 29, 2009
Date Funded:Feb 8, 2009
Loan Ended:Jun 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.2200 PEN = 1 USD



Carmela is a member of the Llamkasum communal bank, which works in the Quechua language. Carmela is married, 78 years old and has 6 children. Carmela lives in the Chiara districet where she has a grocery store. In addition, Carmela works raising cows and sells their milk and cheese in the Ayacucho.

Carmela needs a loan of 1500 Soles, which will be invested in the purchase of rice, sugar and noodles. Carmela's dreams are to have more cattle, expand her barn and improve the lives of her grandchildren.

Translated from Spanish by Donald Allen, Kiva Volunteer


Carmela es socia del Banco Comunal Llamkasum que significa Trabajemos en quechua.
Carmela es casada, tiene 78 años y 6 hijos, Carmela vive en el distrito de Chiara en donde tiene una tienda de abarrotes, además Carmela se dedica a la crianza de ganado vacuno lechero, los quesos y leche lo vende en la ciudad de Ayacucho.
Carmela necesita un préstamo de 1500 soles dinero que será invertido en la compra de arroz, azúcar, fideo.
Los sueños de Carmela son tener mas ganado, ampliar su establo y darles todo lo mejora a sus nietos.

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Journal entries for Maria Carmela


Loan has been disbursed
 
Entrepreneur: Maria Carmela
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Maria Carmela 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
Feb 9, 2009
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Kiva Help Repayment Schedule for Maria Carmela

  Expected Repayments Actual Repayments Comments
April 2009 $118.75 $118.75 Repayment Received
May 2009 $118.75 $118.75 Repayment Received
June 2009 $118.75 $118.74 Repayment Received
July 2009 $118.75 $118.76 Repayment Received