Hilda

Status: Paying Back

$350
Loan Request
Pre-Disbursed : Oct 28, 2009
Listed: Nov 20, 2009
Funded: Nov 20, 2009
0% repaid

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9000 PEN = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Chanchamayo, Peru   Repayment Term: 10 months
(more info)
Activity: Grocery Store   Repayment Schedule: At end of term
Loan Use: To increase her inventory.   Currency Exchange Loss: Possible
      Default Protection: Covered

Hilda, 33, is a very hard-working woman and the mother of 4 children; she lives with her partner in their own house. Two years ago she began to sell food items and vegetables. Since then she has become increasingly focused on her store and little by little has been increasing the items she stocks. She really enjoys tending to her store. So, on top of helping her husband with his banana plantations, she comes back home early to tend to her customers because this produces additional income for her home. Her greatest difficulty at the moment is not having sufficient funds to stock her store. This is the reason for requesting this loan, to stock her store with a wider variety of items, especially food items and sweets. Because this is her first loan with MFP, she has high expectations of her communal bank but she also pledges to be punctual with her repayments.

Translated from Spanish by Michael Bujazan, Kiva Volunteer


Hilda tiene 33 años, es una mujer muy laboriosa y madre de 4 hijos, vive con su pareja en su casa propia.
Hace dos años se inició en la venta de comestibles y verduras, de entonces está muy evocada a su tienda, pues poco a poco ha ido incrementando sus productos comestibles. Ocuparse de su negocio le gusta muchísimo; por ello, a pesar de que trabaja en la chacra de plátanos con su esposo, temprano regresa para atender a sus clientes, ya que logra obtener ganancias adicionales para su hogar.

Su mayor dificultad en este momento es que no cuenta con dinero suficiente para surtir su negocio, es por ello que acude a este crédito, pues con el dinero que solicita surtirá su tienda con mayores productos; especialmente de comestibles y golosinas.

Siendo este su primer préstamo con MFP, tiene muchas expectativas positivas acerca de su banco comunal. Pero también hace el juramente de cumplir los pagos de sus cuotas puntualmente.

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Journal entries for Hilda


Loan to Hilda in Peru has been 100% funded
 
Entrepreneur: Hilda
Location: Chanchamayo, Peru

Thanks to you and 7 other Kiva Lenders, the 350.00 loan requested by Hilda in Peru has been 100% funded. The loan will be used for the purpose of: To increase her inventory..

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


Posted by from Chanchamayo, Peru
Nov 20, 2009
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Kiva Help Repayment Schedule for Hilda

  Expected Repayments Actual Repayments Comments
August 2010 $350.00 Available Aug 1