Esperanza


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: Esperanza
Location: Ayacucho, Peru
Activity: Cereals

About the Loan

Loan Amount: $650.00
Loan Use: Purchase corn, quinoa and barley.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 19, 2009
Date Disbursed: Mar 5, 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:3.1818 PEN = 1 USD



Esperanza is a member of the community bank Guadalupe. She is 51 years old, is married and has 5 children. Esperanza sells grains. She travels to different festivals where she sells vegetables and fruits and at the festivals she buys grains that she then sells at mills. In addition, Esperanza has a stall where she sells grains, vegetables, meat and potatoes. Esperanza needs a loan in the amount of 2000 soles which she will invest in the purchase of corn, quinoa and barley. Esperanza's dream is to improve her home.

Translated from Spanish by Cindy Manzo, Kiva Volunteer


Esperanza es socia del Banco Comunal Guadalupe.
Esperanza es casada, tiene 51 años y 5 hijos, Esperanza vende cereales, viaja a las Ferias donde vende verduras, frutas y de las ferias compra cereales que vende en los molinos. Además Esperanza tiene un kiosco donde vende cereales, verduras, carnes y papa.
Esperanza necesita un préstamo de 2000 soles, dinero que será invertido en la compra de maíz, quinua y cebada.
El sueño de Esperanza es mejorar su casa.

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Journal entries for Esperanza


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

Thank you for your loan. It has been disbursed to Esperanza 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 Esperanza

  Expected Repayments Actual Repayments Comments
June 2009 $108.33 $108.33 Repayment Received
July 2009 $108.33 $108.44 Repayment Received
August 2009 $108.33 $108.23 Repayment Received
September 2009 $216.66 $216.78 Repayment Received
October 2009 $108.35 $108.22 Repayment Received