Semilina


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Semilina
Location: Ayacucho, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $975.00
Loan Use: To buy clothing
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 8, 2009
Date Disbursed: Mar 23, 2009
Date Funded:Apr 9, 2009
Loan Ended:Sep 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1095 PEN = 1 USD



Semilina is a member of the Urubamba Communal Bank. She is from the community of Huascahura which is located 20 minutes from the city of Ayacucho. Semilina is 41 years of age, single and has one son. She has a store in rented space where she sells clothing. She also buys tara (a raw material for making tannic acid), hides and suckling pigs which she later re-sells to suppliers in Ayacucho. Semilina needs a loan of 3,000 Sols which she will invest in the purchase of pants and jackets. She hopes one day to build herself a house and that her son will be able to get ahead in life.

Translated from Spanish by Daniel Kvaka, Kiva Volunteer


Semilina es socia del Banco Comunal Urubamba, Semilina es de la comunidad de Huascahura que se ubica a 20 minutos de la ciudad de Ayacucho.
Semilina es soltera, tiene 41 años y 1 hijo, Semilina tiene una tienda en un local alquilado en donde vende ropa. Además Semilina compra tara, cochinilla, cuero que luego vende en la ciudad de Ayacucho a los intermediarios.
Semilina necesita un préstamo de 3000 soles dinero que será invertido en la compra de pantalones casacas.
Semilina sueña con construir su casa y que su hijo salga adelante.

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Journal entries for Semilina


Loan has been disbursed
 
Entrepreneur: Semilina
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Semilina by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Apr 10, 2009
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Kiva Help Repayment Schedule for Semilina

  Expected Repayments Actual Repayments Comments
June 2009 $162.50 $162.50 Repayment Received
July 2009 $162.50 $162.50 Repayment Received
August 2009 $162.50 $162.50 Repayment Received
September 2009 $162.50 $162.50 Repayment Received
October 2009 $162.50 $325.00 Repayment Received
November 2009 $162.50 $0.00 Repayment Received