This loan has been FULLY FUNDED by 31 lenders!

Madrona De Jesus Diaz Montilla
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Status: Paying Back

$875
Loan Request
Pre-Disbursed : Oct 12, 2009
Listed: Nov 9, 2009
Funded: Nov 17, 2009
Looking for a Fundraising Loan?
66% repaid

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About the Loan

Location: San Martín, Peru   Repayment Term: 8 months
(more info)
Activity: Cereals   Repayment Schedule: Monthly
Loan Use: To buy dried vegetables by the pound in sacks   Currency Exchange Loss: Possible
      Default Protection: Covered
Madrona belongs to the Communal Bank "Planting Future" in the Tarapoto District, San Martín Province, San Martín Department of Peru. She is separated, 65 years old, and mother of four children who are all independent now. Madrona sells dried vegetables and has been in this business for 24 years. Her business is located in Market No. 2 at Stand No. 17. Since she was a young woman Madrona has enjoyed working. Her business consists of selling products such as: raw, roasted, and crushed peanuts, plantain flour, cornstarch, shicashica (a jungle fruit) rich in natural oils, and some vegetables like: dry beans, cacao with corn flour, etc.

With this loan of 2,500 nuevos soles, she will buy bags of cacao, corn, and peanuts to later make peanut butter, yellow corn for making chicha (maize liquor), beans by the pound, and bunches of green plantains to prepare plantain flour.

Madrona feels very proud of the work she has done over the course of so many years. The good product that she sells has provided her with faithful clientele that buys from her every day and has made her very well known in the market. She thanks the Manuela Ramos Movement for its unconditional support to women like her.

Translated from Spanish by Sarah Shimmin, Kiva Volunteer


La señora Madrona, pertenece al Banco Comunal “Sembrando Futuro”, Distrito de Tarapoto, Provincia de San Martín, Departamento de San Martín. Es Separada, tiene 65 años y es madre de 04 hijos, todos ya independientes.
Madrona, se dedica a la venta de menestras y lleva 24 años en este negocio, se encuentra ubicada en el Mercado Nº 2 - puesto Nº 17, y desde muy joven a Madrona le gustaba trabajar, por lo que poco a poco, fue ahorrando y haciéndose muy conocida por sus clientes, que hoy en día, son clientes fijos en su puesto. Nos cuenta que su negocio consiste en la venta de especias como: Maní y maíz crudo, tostado y molido, harina de plátano, para mazamorras, semillas de shicashica (fruto selvático) rico en aceite natural, algunas verduras como: fréjoles secos, cacao con harina de maíz, etc.

Con este préstamo de S/. 2,500.00, comprará en sacos de cacao, maíz y maní, para luego preparar mantequilla de maní, maíz amarillo, para la preparación de chichas, fréjoles en kilos, racimos de plátanos verdes, para preparar harina de plátano.

Madrona, se siente muy orgullosa por el trabajo realizado durante tantos años, el buen producto que vende le ha proporcionado clientela fiel que compra todos los días y es muy conocida en el mercado. Agradace al Movimiento Manuela Ramos por el apoyo incondicional a mujeres como ella.

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About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9250 PEN = 1 USD
31 Lenders to this Entrepreneur

Carlos
San Jose, CA
United States

Anonymous
20052, Monza
Italy

Anonymous
Alexandria, VA
United States

Anonymous
San Jose, CA
United States

david
vancouver, British Columbia
Canada

Kay
Columbia, MD KivaFriends.org
United States

Anonymous
Mountain View, CA
United States

Michelle
West Vancouver, British Columbia
Canada

Cynthia and Max
San Francisco, CA
United States

Care2
Redwood City, CA
United States

Joelle
Redwood City, CA, CA
United States

Robert and Liza
Hereford, AZ
United States

Joan
St Paul, MN
United States

Anthony
Smithers, BC
Canada

Anonymous
Bergen, Hordaland
Norway

D.U.D.E.S.
Oakhurst, CA
United States

Bucknell Univ MGMT 101
Lewisburg, PA
United States

Bryan Swords
Minford, OH
United States

Janet
South Bend, IN
United States

Chaotic Quixote
tempe, AZ
United States

CDM
New York, NY
United States

gary
SF, CA
United States

Lynne
Southport, Queensland
Australia

Nazaret
Lublin, Poland
Poland

Raul
Burlingame, CA
United States

Anonymous
Brooklyn, NY
United States

Myriam
CLUSES,
France

Christina
Wilmington, MA
United States

steven
Ft. Lauderdale, FL
United States

The Violet Crowns
Austin, TX
United States

Megan
Brandon, MS
United States



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Journal entries for Madrona De Jesus Diaz Montilla


Subject: Loan to MADRONA DE JESUS DIAZ MONTILLA in Peru has been 100% funded
Location: San Martín, Peru

Thanks to you and 30 other Kiva Lenders, the 875.00 loan requested by MADRONA DE JESUS DIAZ MONTILLA in Peru has been 100% funded. The loan will be used for the purpose of: To buy dried vegetables by the pound in sacks.

Over the months of this loan, Kiva’s Field Partner in Peru, Manuela Ramos / CrediMUJER, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from San Martín, Peru
Nov 17, 2009
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Kiva Help Repayment Schedule for Madrona De Jesus Diaz Montilla

  Expected Repayments Actual Repayments Comments
January 2010 $145.83 $145.95 Repayment Received
February 2010 $145.84 $145.72 Repayment Received
March 2010 $145.83 $145.83 Repayment Received
April 2010 $145.84 $145.84 Repayment Received
May 2010 $145.83 Available May 1  
June 2010 $145.83 Available Jun 1