Eurocina Mercedes


Status: Paid Back

$625.00   Loan Request
$625.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Eurocina Mercedes
Location: Ayacucho, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $625.00
Loan Use: Purchase pants and T-shirts
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 11, 2009
Date Disbursed: Feb 25, 2009
Date Funded:Mar 11, 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



Eurocina is a member of the Despertar Microfinance Institute.
Eurocina is a 55-year-old divorcee with 1 son. She has a stall in the 12 de Abril market, in which she sells infant and children’s apparel. She purchases her products in the city of Lima.
Eurocina needs a 2,000.00 PEN loan in order to invest in purchasing pants and T-shirts.
Eurocina dreams of expanding her business, building her own stall, and seeing her son complete his studies.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer


Eurocina es socia del Banco Comunal Despertar.
Eurocina es divorciada, tiene 55 años y 1 hijo, Eurocina tiene un puesto en el mercado 12 de abril en donde vende ropa de niños y bebes, sus productos los adquiere en la ciudad de Lima.
Eurocina necesita un préstamo de 2000 soles dinero que será invertido en la compra de pantalones y polos.
Eurocina sueña con ampliar su negocio, construir su puesto y que su hijo culmine sus estudios.

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Journal entries for Eurocina Mercedes


Loan has been disbursed
 
Entrepreneur: Eurocina Mercedes
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Eurocina Mercedes 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 12, 2009
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Kiva Help Repayment Schedule for Eurocina Mercedes

  Expected Repayments Actual Repayments Comments
May 2009 $104.17 $208.13 Repayment Received
June 2009 $104.17 $0.31 Repayment Received
July 2009 $104.17 $104.06 Repayment Received
August 2009 $104.17 $207.81 Repayment Received
September 2009 $104.17 $104.69 Repayment Received
October 2009 $104.15 $0.00 Repayment Received