Elvira


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Elvira
Location: Huancayo, Peru
Activity: Retail

About the Loan

Loan Amount: $300.00
Loan Use: To buy more merchandise.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 21, 2009
Date Disbursed: Feb 13, 2009
Date Funded:Mar 21, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1950 PEN = 1 USD



Elvira is 35 years old. She lives with her husband and children in her own house. For a year she has sold fire extinguishers. She started this business becuse she has contacts that help her acquire extinguishers. With her husband, she distributes to establishements that need fire extinguishers. Futhermore, they promote and advise that all types of businesses buy extinguishers so that they may be prepared in case an accident occurs where a fire may be produced. Elvira considers her business to be good, because it invests in the security and integrity of people. Furthermore, knowing a great deal about the subject, she sells extinguishers of very high quality. Elvira's wish is to grow in her business and to establish herself in a local comercial market, because at the moment she sells from her house. This is the first time that Elvira is asking for a loan, and she is very happy with her initial experience with a comunal bank. She is committed to making her payments responsibly. The entire amount she is asking for will be used to buy more extinguishers, to increase her sales and in turn, increase her earnings.

Translated from Spanish by Matt Capetola, Kiva Volunteer


Elvira tiene 35 años, vive con su esposo y sus hijos en su propia casa. Desde hace un año se dedica a la venta de extintores para incendios, inició este negocio porque tiene unos contactos que le facilitan la adquisición de este tipo de artículos, junto a su esposo reparten a los establecimientos que requieren de este producto, además promueven y aconsejan a todo tipo de negocio la compra de extintores para estar preparados ante algún accidente donde se produzca fuego. Elvira considera que su negocio es bueno, ya que aporta para la seguridad e integridad de las personas, además conociendo mucho del tema, vende sus extintores con insumos de muy buena calidad. El deseo de Elvira es crecer en su negocio y establecerse en un local comercial, porque al momento atiende en su casa. Es la primera vez que solicita un préstamo, y está muy contenta con esta nueva experiencia en un banco comunal, se compromete a ser responsable en sus pagos. El total de la cantidad requerida es para comprar más extintores, para el incremento de sus ventas y por ende, de sus ganancias.

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Journal entries for Elvira


Loan has been disbursed
 
Entrepreneur: Elvira
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Elvira 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 Huancayo, Peru
Mar 22, 2009
Comment on this entry

Tiene más extintores para vender.
 
Entrepreneur: Elvira
Location: Huancayo, Peru

Con el préstamo que le dieron, Elvira compró más balones de oxigeno. De esta manera tiene mercadería disponible para ofrecer y asesorar a sus clientes en cuanto a la utilización de un extintor. Esto le ayudará a mejorar su negocio y a al vez de aumentar sus clientes. El obtener un crédito en Microfinanzas PRISMA fue de mucha ayuda para crecer su capital de trabajo e invertirlo nuevamente, por eso está muy agradecida. Elvira espera con el tiempo tener un local donde pueda comercializar sus extintores.


Posted by Betsabé Bruno Morales from Huancayo, Peru
Sep 15, 2009
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Kiva Help Repayment Schedule for Elvira

  Expected Repayments Actual Repayments Comments
May 2009 $50.00 $50.00 Repayment Received
June 2009 $50.00 $50.00 Repayment Received
July 2009 $50.00 $50.00 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $50.00 $50.00 Repayment Received
October 2009 $50.00 $50.00 Repayment Received