Hermelinda


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $500.00
Loan Use: Purchase merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2009
Date Disbursed: Feb 27, 2009
Date Funded:Mar 23, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1550 PEN = 1 USD



Hermelinda is 42-years-old, divorced and very hard-working. She lives in the house she inherited from her parents with her 3 children: Luis is 11, Carlos is 8 and Cristian is 5. She wants very much to better herself.


She started selling natural medicines two years ago. Her customer base has grown over time and she continues to sell more and more, going out and selling her medicinal herbs in the streets of Juliaca. Hermelinda likes the fragrance of the herbs when they are resting and she is thinking about renting a store where she could sell her products in greater tranquility and provide better customer service. Her least favourite part of being a street vendor is all the walking around.


Hermelinda loves her family very much and wants to provide them with financial stability. She has already received 4 loans through MFP and is very punctual with her repayments, always making sure not to get behind. She is very happy with her communal bank and enjoys working in a team. She will invest all the money as working capital to buy more medicinal herbs.

Translated from Spanish by Carolyn McCaffrey, Kiva Volunteer


Hermelinda tiene 42 años, es una mujer divorciada, que se dedica mucho al trabajo, vive en la casa que le heredaron sus padres con sus 3 hijos; Luís de 11, Carlos de 8 y Cristian de 5 y tiene muchas ganas de superarse. Incursionó en el negocio de la venta de medicina natural hace 2 años, con el pasar del tiempo sus clientes han ido en ascenso y cada vez vende más, ella sale a vender ambulatoriamente sus hierbas medicinales por la calles de Juliaca. Hermelinda disfruta del olor que las hierbas emanan cuando están en reposo, tiene pensado alquilar una tienda donde pueda vender sus productos con mayor tranquilidad y atender mejor a sus clientes, porque actualmente lo hace caminando y eso es lo que menos le gusta de su trabajo. Hermelinda quiere mucho a su familia, por ello quiere tener una economía estable. Son ya 4 préstamos a los que a accedido Hermelinda con MFP y es muy puntual en sus pagos, siempre está pendiente de no atrasarse, en su banco comunal es muy alegre y le gusta trabajar en equipo. Invertirá todo el dinero que solicita en incrementar su capital de trabajo, comprando más hierbas medicinales.

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Journal entries for Hermelinda


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

Thank you for your loan. It has been disbursed to Hermelinda by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 5 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 24, 2009
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Kiva Help Repayment Schedule for Hermelinda

  Expected Repayments Actual Repayments Comments
May 2009 $83.33 $83.33 Repayment Received
June 2009 $83.33 $83.33 Repayment Received
July 2009 $83.33 $83.33 Repayment Received
August 2009 $83.33 $83.33 Repayment Received
September 2009 $83.33 $83.33 Repayment Received
October 2009 $83.35 $83.35 Repayment Received