Luisa


Status: Paid Back

$1,025.00   Loan Request
$1,025.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Luisa
Location: Lima, Peru
Activity: General Store

About the Loan

Loan Amount: $1,025.00
Loan Use: To buy fixtures and merchandise for her store.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 5, 2009
Date Disbursed: Mar 24, 2009
Date Funded:Apr 10, 2009
Loan Ended:Aug 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1450 PEN = 1 USD



Luisa is a woman who works very hard at everything she does but most of all in her role as a mother. She and her husband are completely devoted to their four children and their little grand-daughter who fills their home with happiness. The desire to build up a sustainable business has driven her since she was young, and when she got married she began to sell chicken and vegetables in the markets. She knew enough to save up her money when times were good and now she has set up a store, which helps out with the household expenses. In this way she helps out her husband with the costs of educating their children, who are taking advantage of the opportunity provided by their parents. Luisa has been running her store for eight years. Now she has regular customers who have also become friends of the family and she tries to keep her store stocked with quality products for them at reasonable prices so that she doesn't lose her customers. Luisa wants to expand her store for them and make it into a bazaar where she would be able to offer a variety of other products. This is her 29th loan with Microfinanzas PRISMA, and in all this time her work with her associates has been acceptable. Although they have faced difficult circumstances, together they have been able to overcome them and learn from them. The investment she needs to make is for the purchase of merchandise and display cases necessary to attract the public. The cost will be 3,200 Sols.

Translated from Spanish by Daniel Kvaka, Kiva Volunteer


Luisa es una mujer muy empeñosa en las actividades que realiza, sobre todo en su papel de madre, pues junto a su esposo, se desviven por el bienestar de sus cuatro hijos y su pequeña nieta, quien llena de alegría su hogar. El deseo de forjar un negocio sostenible, la motivaron desde joven, al contraer matrimonio empezó a vender en los mercados carne de pollo y verduras. Supo ahorrar en tiempos de abundancia y ahora instaló una tienda, la cual ayuda en los gastos de su hogar. De esta forma apoya a su esposo en los gastos de educación para sus hijos, quienes aprovechan la oportunidad que les brindan sus padres. Hace ocho años que viene funcionando su tiendaa, ya tiene clientes fieles, quienes se han convertido en amigos de la familia, y por ellos tratan de abastecer su negocio con productos de calidad y de módicos precios para que no pierdan a su clientela. Por ellos Luisa desea ampliar su tienda y convertirla en un bazar, donde pueda ofrecer otros productos variados. Este es su préstamo número 29 con MFP, y en todo este tiempo el trabajo con sus compañeras ha sido adecuado, aunque se hayan presentado circunstancias difíciles, pero juntas han ido superando y aprendiendo de ellas. La inversión que tiene que hacer es la compra de mercadería y de vitrinas, indispensables para atraer al público, el costo será de 3200 soles.

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Journal entries for Luisa


Loan has been disbursed
 
Entrepreneur: Luisa
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Luisa by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 4 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Lima, Peru
Apr 11, 2009
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Tiene un stand de comida.
 
Entrepreneur: Luisa
Location: Lima, Peru

Con el préstamo obtenido, Luisa pudo adquirir un stand de comida llevándolo a la puerta de su casa a vender, resultándole una de las inversiones más rentables que pudo haber realizado. En estos tres meses sus ganancias han aumentado más y con el tiempo espera ampliar su puesto de comidas haciendo un espacio dentro de su vivienda, ya que cuenta con clientela que constantemente van a su stand a consumir. Ella está muy agradecida con Microfinanzas PRISMA por el apoyo y la confianza que depositaron en ella para salir adelante. Asimismo continuará trabajando a lado de sus socias con quienes forman un buen equipo dentro de su Banco Comunal.


Posted by Betsabé Bruno Morales from Lima, Peru
Sep 3, 2009
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Kiva Help Repayment Schedule for Luisa

  Expected Repayments Actual Repayments Comments
June 2009 $239.01 $239.01 Repayment Received
July 2009 $250.13 $250.13 Repayment Received
August 2009 $261.77 $261.77 Repayment Received
September 2009 $274.09 $274.09 Repayment Received