Juan
Status: Paid Back
| $675 |
Loan Request
Pre-Disbursed
: Jun 18, 2009
Listed: Jul 1, 2009
Funded: Jul 1, 2009
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|---|---|
| $675 |
Paid Back
Ended: Jan 15, 2010
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About the Field Partner
| Asociación Arariwa administers this loan. Learn more | |||||||
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| Field Partner: | Asociación Arariwa | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 17 months | ||||||
| Kiva Entrepreneurs: | 2893 | ||||||
| Total Loans: | $871,650 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 1.32% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Peru |
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| Avg Annual Income: | $6,715 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 2.9915 PEN = 1 USD |
About the Loan
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Location: | Urcos, Peru | Repayment Term: | 8 months (more info) |
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| Activity: | Musical Performance | Repayment Schedule: | Monthly | |
| Loan Use: | to purchase a new sound system | Currency Exchange Loss: | Covered | |
| Default Protection: | Not Covered |
Juan resides in Urcos, a small community that is located in the Sacred Valley of the Incas, 50 minutes away from the city of Cusco. He 34 years old and has two children with his common-law wife, Ana Cecilia. Juan is a musician and driver. He plays the keyboard and leads a six-member band that performs at weddings, birthday parties and other events. When he isn’t performing, Juan uses his own car to provide a transportation service to Andahuailillas, a nearby town that is 5 minutes away.
Juan wants to purchase a new sound system for his group with this loan. This has been the best source of income for his family.
Juan and Ana Cecilia want their children to study in the university and eventually have a professional career. Juan is a member of a 44-person lending group with Arariwa that receives financial training from a loan officer, and he also participates in the group savings account.
Juan wants to purchase a new sound system for his group with this loan. This has been the best source of income for his family.
Juan and Ana Cecilia want their children to study in the university and eventually have a professional career. Juan is a member of a 44-person lending group with Arariwa that receives financial training from a loan officer, and he also participates in the group savings account.
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Journal entries for Juan
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Loan has been disbursed
Location: Urcos, Peru
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Posted by
from Urcos, Peru
Jul 2, 2009 |
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Comment on this entry
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Repayment Schedule for Juan
Repayment Schedule for Juan
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $101.76 | $101.77 |  Repayment Received
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| October 2009 | $105.84 | $105.83 | Repayment Received
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| November 2009 | $110.07 | $110.07 | Repayment Received
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| December 2009 | $114.47 | $114.47 | Repayment Received
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| January 2010 | $119.05 | $119.05 | Repayment Received
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| February 2010 | $123.81 | $123.81 | Repayment Received
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