Gladys


Status: Paid Back

$275.00   Loan Request
$275.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $275.00
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



Gladys is 29 years old, and lives with her husband and 3 children in her inlaws' house. She has sold shoes for a year now. She started this businesses thanks to the motivation of some friends, and now she is doing very well. Gladys distributes her merchandise house by house. Her clients pay on credit, receiving the merchandise and then gradually paying her back until the amount has been covered. With the earnings that she obtains, she can continue supporting her home economically. It also allows for her to work during free time when her children are studying, so she doesn't have to neglect them. Gladys works every day, except on weekends. Her greatest yearning is to have her own kiosk so that she may have the different shoe models she offers on display. This is her first loan with MFP, and she is committed to being punctual with her payments and to supporting the development of her communal bank. The money that she is asking for is to be used for school shoes of various sizes, so that in this direction she may maximize earnings. She calculates that with this amount she will be able to acquire approximately 3 dozen.

Translated from Spanish by Matt Capetola, Kiva Volunteer


Gladys tiene 29 años, vive con su esposo y sus 3 hijos en la casa de sus suegros. Se dedica a la venta de zapatos desde hace un año. Emprendió este negocio gracias a la motivación de unas amigas, y en la actualidad le está yendo muy bien. Gladys reparte su mercadería de casa en casa, la deja al crédito, luego cobra paulatinamente hasta que terminen de pagar. Con las ganancias que obtiene puede seguir apoyando en la economía de su hogar, además vende en los tiempos libres que dispone, cuando sus hijos están estudiando, y sin descuidar su cuidado. El trabajo que realiza Gladys es de todos los días, excepto fines de semana, y su gran anhelo es tener su propio puesto de venta para tener en exhibición los diferentes modelos de zapatos que vende. Este es su primer préstamo con MFP, por su parte se compromete a ser una integrante puntual en sus pagos y que aporte en el desarrollo de su banco comunal. El dinero que ahora solicita es para comprar zapatos escolares de diversas tallas, para que en esta campaña pueda tener mayores ganancias, calcula que con este montó podrá adquirir aproximadamente 3 docenas.

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Journal entries for Gladys


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

Thank you for your loan. It has been disbursed to Gladys 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
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Kiva Help Repayment Schedule for Gladys

  Expected Repayments Actual Repayments Comments
May 2009 $45.72 $45.72 Repayment Received
June 2009 $45.72 $45.71 Repayment Received
July 2009 $45.72 $45.72 Repayment Received
August 2009 $45.72 $45.72 Repayment Received
September 2009 $45.72 $45.73 Repayment Received
October 2009 $46.40 $46.40 Repayment Received