Ninfa


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: Ninfa
Location: Juliaca, Peru
Activity: Grocery Store

About the Loan

Loan Amount: $325.00
Loan Use: To increase amount of merchandise
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 23, 2009
Date Disbursed: Feb 26, 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



Ninfa is a hard-working, 36-year-old mother of two playful children. She owns her own house made of adobe. In the comfort of her home, Ninfa has a grocery store and sells diverse products at competitive rates. Her customers frequent her store, looking for items they need the most.

In the 5 years she has had this business, the most difficult part has been getting her merchandise to her store. She lives far away but she doesn't let that prevent her from reaching her goal of growing her business. Ninfa enjoys having her business and the more she works, the better she feels. Also, this way, little by little she is pushing ahead, forging a good future.

This is Ninfa's first loan with MFP and she hopes to be punctual with her payments so as not to cause problems with her village bank, with which she is very happy. With this loan of 1000 soles (3 soles = $1 USD, approx.), Ninfa will buy more merchandise to better stock her store.

Translated from Spanish by Beatriz Yuste, Kiva Volunteer


Ninfa es una mujer de 36 años, sencilla y trabajadora, es madre de dos niños muy juguetones, vive en su casa propia a base de adobe. En la tranquilidad de su hogar, Ninfa tiene su tienda de abarrotes donde vende diversos productos a precios muy cómodos, a la cual sus clientes concurren frecuentemente en busca de los productos que más necesitan. En sus 5 años en este negocio, lo más difícil para Ninfa es llevar los productos hasta su tienda, ya que vive muy lejos, pero sabe que eso no es impedimento para alcanzar sus metas y hacer crecer más su tienda, ya que disfruta mucho de vender y mientras más lo hace mejor se siente, además que de esta forma poco a poco está saliendo adelante, forjándose un buen futuro. Es el primer préstamo de Ninfa con MFP y espera ser muy puntual en sus cuotas, puesto que no quiere darle problemas a su banco comunal, en el cual se siente muy contenta. Con los 1000 soles que solicita comprará más productos para surtir mejor su tienda.

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Journal entries for Ninfa


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

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

  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 $54.28 Repayment Received
August 2009 $54.28 $54.28 Repayment Received
September 2009 $54.28 $54.29 Repayment Received
October 2009 $53.60 $53.60 Repayment Received