Soledad


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: Soledad
Location: Ayacucho, Peru
Activity: Hotel

About the Loan

Loan Amount: $475.00
Loan Use: Purchase bed sheets and pillows; give an installment for a freezer
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 10, 2009
Date Disbursed: Feb 25, 2009
Date Funded:Mar 10, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.2750 PEN = 1 USD



Soledad is a member of the Despertar Microfinance Institute.


Soledad is a 54-year-old married mother with 5 children. She owns an inn that is located near the central market of Ayacucho. She runs the business with the help of one of her children and an employee. She also has 2 stalls in which she sells fast food in the Santa Elena market, and has an employee working for her.


Soledad needs a 1,500.00 PEN loan, which will be invested in purchasing bed sheets and pillows. She will also use the rest of the money as one installment for a freezer.


Soledad dreams of seeing her children complete their studies and earn their degrees. She would also like to build her stalls with decent materials.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


Soledad es socia del Banco Comunal Despertar.
Soledad es casada, tiene 54 años y 5 hijos, Soledad tiene hospedaje ubicado cerca al mercado central de la ciudad de Ayacucho, actividad que realiza con la ayuda de sus hijos y 1 empleado. Además Soledad tiene 2 puestos de venta de comida en el mercado Santa Elena y también cuenta con la ayuda de 1 ayudante.
Soledad necesita un préstamo de 1500 soles dinero que será invertido en la compra de sabanas, almohadas y como parte de pago de una congeladora.
Soledad sueña con que sus hijos culminen sus estudios y obtengan sus títulos, construir sus puestos con material noble.

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Journal entries for Soledad


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

Thank you for your loan. It has been disbursed to Soledad by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 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
Mar 11, 2009
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Kiva Help Repayment Schedule for Soledad

  Expected Repayments Actual Repayments Comments
May 2009 $79.17 $79.17 Repayment Received
June 2009 $79.17 $79.16 Repayment Received
July 2009 $79.17 $79.17 Repayment Received
August 2009 $79.17 $79.17 Repayment Received
September 2009 $79.17 $158.33 Repayment Received
October 2009 $79.15 $0.00 Repayment Received