Martina


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Martina
Location: Ayacucho, Peru
Activity: Fuel/Firewood

About the Loan

Loan Amount: $650.00
Loan Use: To buy firewood
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 19, 2009
Date Disbursed: Mar 3, 2009
Date Funded:Mar 19, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1790 PEN = 1 USD



Martina is a member of the Willows Community Bank.
Martina has a partner, is 59 years old, and has 5 children. She has a stand in the Magdalena Market where she sells vegetables. Also, Martina buys firewood from the producers and later sells it to different people with ovens in the city of Ayacucho.
Martina needs this loan of 2000 soles, which will be invested to buy firewood.
Her dreams are to improve her business and to offer a good education to the last of her children.

Translated from Spanish by Avni Shah, Kiva Volunteer


Martina es socia del Banco Comunal Sauces.
Martina es conviviente, tiene 59 años y 5 hijos, Martina tiene un puesto en el mercado Magdalena en donde vende verduras. Además Martina compra leña de los productores que luego vende a diferente hornos de la ciudad de Ayacucho.
Martina necesita un préstamo de 2000 soles dinero que será invertido en la compra de leña.
Los sueños de Martina son mejorar su negocio y brindar una buena educación al ultimo de sus hijos.

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Journal entries for Martina


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

Thank you for your loan. It has been disbursed to Martina 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 20, 2009
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Kiva Help Repayment Schedule for Martina

  Expected Repayments Actual Repayments Comments
May 2009 $108.33 $108.33 Repayment Received
June 2009 $108.33 $108.44 Repayment Received
July 2009 $108.33 $108.23 Repayment Received
August 2009 $108.33 $108.33 Repayment Received
September 2009 $108.33 $108.32 Repayment Received
October 2009 $108.35 $108.35 Repayment Received