Yola América Cabrera García

Status: Paid Back

$500
Loan Request
Disbursed : Aug 7, 2007
Listed: Jul 24, 2007
Funded: Jul 24, 2007
$500
Paid Back
Ended: Dec 7, 2007

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:United States Dollars (USD)


About the Loan

Location: Ayacucho, Peru   Repayment Term: 7 months
(more info)
Activity: Restaurant   Repayment Schedule: Monthly
Loan Use: Yola would like to use the money from her next loan to make small repairs and improvements to her restaurant, such as fixing a broken door adjoining the two dining rooms.   Currency Exchange Loss: N/A
      Default Protection: Covered
7 ½ years ago, América Cabrera Garcia started cooking and selling hamburgers in Ayacucho, Peru, to supplement her husband’s income and help support their 3 children. She was granted her first loan with FINCA Peru five years ago, and has been a model banker ever since. She cherishes the opportunity for conversation with friends at her weekly meetings, as well as the health, social, and economic lessons that are incorporated into each.


With the seed money loaned to her, América was able to expand her business, and began also selling beverages. A few years ago her husband joined her to help with the expanding business. What was once a small hamburger cart has expanded into a bustling, two-room restaurant with 14 tables. Now that América has so much more space, she would like to use the money from her next loan to make small repairs and improvements to her restaurant, such as fixing a broken door adjoining the two dining rooms.


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Journal entries for Yola América Cabrera García


Loan has been disbursed
 
Entrepreneur: Yola América Cabrera García
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Yola América Cabrera García by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 4 - 10 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Aug 7, 2007
Comments (2)

Yola
 
Entrepreneur: Yola América Cabrera García
Location: Ayacucho, Peru

Yola se inició ya que su esposo le sacaron de su trabajo en la época de la privatización después de haber laborado 22 años interrumpidos y para tener éxito fue la constancia perseverancia junto con mi esposo y mis hijos que me apoyaron constantemente hasta la fecha.

Yola tiene la satisfacción de que con el negocio de las hamburguesas ha logrado construirsu casita de 3 pisos además el negocio le ha servido para manutención de la casa, la educación de mis hijos incluso la de mi esposo y nieto.

Los planes casi inmediatos es aperturar una sucursal en la misma ciudad de Ayacucho y otra en la ciudad de Huanta.


Posted by Patricia Zamudio Núñez from Ayacucho, Peru
May 28, 2009
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Kiva Help Repayment Schedule for Yola América Cabrera García

  Expected Repayments Actual Repayments Comments
November 2007 $125.00 $125.00 Repayment Received
December 2007 $125.00 $125.00 Repayment Received
January 2008 $125.00 $125.00 Repayment Received
February 2008 $125.00 $125.00 Repayment Received