Luz


Status: Paid Back

$425.00   Loan Request
$425.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Luz
Location: Puno, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $425.00
Loan Use: Buy a device for storing ice cream.
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



Luz, 19, is a single young woman who lives with her parents who she loves very much. She would like to help with the family's expenses and give her parents a dignified retirement. She's a loving daughter, concerned about the well-being of her parents. The lack of money in the household prevented her from finishing her university studies. She had to find another way to bring money into the household so she started a business selling ice cream, something much in demand from her customers because the ice cream that she makes is delicious. Luz especially likes selling ice cream to her customers on sunny days because she believes they're reinvigorated thanks to her. She dreams of having a large ice cream shop where she would be better able to tend to her customers. She's operated the business for 3 years. The thing she likes least about the business is feeling cold when she makes the ice cream but, even so, she continues to strive toward her goals without caring about the sacrifices that she might have to make. This is her second MFP loan and she strongly feels an obligation to repay the loan on time because she doesn't want to cause problems at her communty bank, where she is much loved, and, because of her youth, much advised by the other members. The loan will be used to buy a machine for storing ice cream, something that will cost around three thousand new soles. She will use her savings to pay for the balance.

Translated from Spanish by Jere Wiseman, Kiva Volunteer


Luz es una jovencita soltera de 19 años, vive en la casa de sus padres, a los que quiere mucho, ella desea apoyar en los gastos familiares, y darles una vejez digna. Es una hija muy amorosa, se preocupa mucho por el bienestar de sus padres, la escasez de dinero que hay en su hogar, le impidió terminar sus estudios superiores, por lo cual tuvo que encontrar la forma de llevar dinero a su casa, actualmente se dedica a la venta de helados, los cuales son muy solicitados por sus clientes, ya que los prepara muy deliciosos. A Luz le gusta mucho vender sus helados en los días soleados, ya que siente que la gente se refresca gracias a ella, anhela tener una heladería muy grande donde pueda atender mejor a sus clientes y vender con mayor comodidad. Lleva 3 años en este negocio y lo que menos le gusta es el frió que siente al hacer los helados, pero igual Luz persiste en su afán de alcanzar sus metas y no le importa los sacrificios que tenga que hacer. Es su segundo préstamo con MFP y se siente en la obligación de pagarlo a tiempo, ya que no desea causarle problemas a su banco comunal donde es muy querida, y como todavía es muy joven, siempre es aconsejada por el resto de las socias. El dinero solicitado lo invertirá en comprar una máquina para almacenar sus helados, lo cual le costará alrededor de tres mil nuevos soles, ella está dispuesta a poner el resto de dinero de sus ahorros, con tal de mejorar su negocio.

Subscribe

Lenders to this entrepreneur

Jon
Otis Orchards, WA
United States

Gregory
New York, NY
United States

Patrick L.
Epworth, IA
United States

Steve
Milton, Ontario
Canada

Andrew
Toronto, ON
Canada

Rachel
New York
United States

Eugenia
New York, NY
United States

suZen
Aliso Viejo, CA
United States

Jacobson Family
Cortlandt Manor, NY
United States

Anonymous
Livingston, NJ
United States

robert
Hemet, CA
United States

Jacqueline
MILTON KEYNES, BUCKS
United Kingdom

Barry
Huntingdon, PA
United States

Meenal
Raleigh, NC
United States

Carol Anne
New York, NY
United States

Joe & Margarita
Auburn, CA
United States



Top Lending Teams for this entrepreneur


Team Obama
Common Interest
3021 Members

J&M Wilcox
Families
3 Members

Washington State
Local Area
297 Members

VoIP Users Conference
Common Interest
8 Members

Journal entries for Luz


Loan has been disbursed
 
Entrepreneur: Luz
Location: Puno, Peru

Thank you for your loan. It has been disbursed to Luz 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 Puno, Peru
Mar 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Luz

  Expected Repayments Actual Repayments Comments
May 2009 $70.94 $70.94 Repayment Received
June 2009 $70.94 $70.94 Repayment Received
July 2009 $70.94 $70.94 Repayment Received
August 2009 $70.94 $70.94 Repayment Received
September 2009 $70.94 $70.94 Repayment Received
October 2009 $70.30 $70.30 Repayment Received