Basilia


Status: Paid Back

$325.00   Loan Request
$325.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Basilia
Location: Juliaca, Peru
Activity: Cattle

About the Loan

Loan Amount: $325.00
Loan Use: Increase livestock and buy food for the animals
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 20, 2009
Date Disbursed: Feb 17, 2009
Date Funded:Mar 20, 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



Basilia is a very peaceful and hardworking woman. At 36 years of age, she has formed a family and is its primary breadwinner. She lives in a rented house and has not lost hope of improving her economic situation. She passes the days surrounded by her beloved animals. She works very hard to ensure that her livestock eat well and grow up healthy, then takes them to the Sunday market and sells them in hopes of getting a good price for her animals, and she nearly always does since hers are the largest in the market. What she loves most about her work is that she can spend her days in the country she loves so much, breathing clean air. She has spent 10 years in this business and plans to continue doing so as long as it takes to give her family a better life. What she likes the least about her work is chasing after lambs that escape and run very far from the herd. Basilia wishes to have her own business, perhaps a grocery store or a restaurant; she still hasn't decided, but she knows that she has to work hard to improve her family's lives. This is her first loan with MFP, and she understands her responsibility to make repayments on time in order to access more loans. She is very active in her communal bank and always participates in their decisions. With this loan, she will buy more livestock to improve her income, and will also buy forage to feed her animals during the seasonal frost (intense cold) that lies ahead.

Translated from Spanish by Trisha Bury, Kiva Volunteer


Basilia es una mujer muy tranquila y trabajadora, a sus 36 años a logrado formar una familia y ser el principal sustento de ella, vive en una casa alquilada y no pierde las esperanzas de mejorar su situación económica. Rodeada de sus queridos animales Basilia pasa sus días, ella trabaja muy duro para que su ganado se alimente bien y crezca sano, para luego llevarlo a la feria dominical y venderlos en espera de sacar un buen precio por sus animalitos y casi siempre lo consigue, ya que son los más grandes de la feria. Lo que más le gusta a Basilia de su trabajo, es que puede pasar sus días en el campo que tanto quiere y respirar su aire limpio, son ya 10 años, los que lleva en este negocio y piensa continuar el tiempo que sea necesario, con tal de darle una mejor vida a su familia. Lo que menos le gusta de su trabajo es perseguir a los corderitos que a veces se escapan y corren muy lejos del resto del ganado. Basilia anhela poner un negocio propio, tal vez una tienda de abarrotes o un restaurante, todavía no se decide, pero sabe que tiene que trabajar duro para mejorar la vida que actualmente tiene su familia. Es su primer préstamo con MFP y se siente en la responsabilidad de pagarlo a tiempo para poder acceder a otro, en su banco comunal es muy activa y siempre participa de todas las decisiones que se toman. Con el dinero solicitado comprará más ganado, para mejorar sus ingresos, también comprará forraje para alimentar a sus animales en la temporada de heladas (frío intenso) que se avecina.

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Journal entries for Basilia


Loan has been disbursed
 
Entrepreneur: Basilia
Location: Juliaca, Peru

Thank you for your loan. It has been disbursed to Basilia 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 Juliaca, Peru
Mar 21, 2009
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Kiva Help Repayment Schedule for Basilia

  Expected Repayments Actual Repayments Comments
May 2009 $54.28 $54.28 Repayment Received
June 2009 $54.28 $54.27 Repayment Received
July 2009 $54.28 $54.27 Repayment Received
August 2009 $54.28 $54.27 Repayment Received
September 2009 $54.28 $54.31 Repayment Received
October 2009 $53.60 $53.60 Repayment Received