This loan has been FULLY FUNDED by 23 lenders!

Soledad Cuba Garriazo
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Status: Paying Back

$700
Loan Request
Pre-Disbursed : Feb 8, 2010
Listed: Feb 9, 2010
Funded: Feb 9, 2010
Looking for a Fundraising Loan?
0% repaid

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About the Loan

Location: Ica, Peru   Repayment Term: 13 months
(more info)
Activity: Retail   Repayment Schedule: Monthly
Loan Use: Work capital   Currency Exchange Loss: Possible
      Default Protection: Not Covered
Soledad, age 33, is a single mother. She lives in her parents’ house, and they help take care of her young daughter. She started her business of selling clothes some years ago. She started with a small amount of capital that she got as a worker in a plant.

She already has a large number of customers. Besides offering them good prices and good service, she guarantees the merchandise that she sells.

She used the profits from this business to buy a “mototaxi” (three wheeled motorized vehicle) on credit. The mototaxi generates greater income.

Soledad dreams of giving her daughter and her parents decent living conditions in addition to having their own house. Soledad puts all of he earnings towards her school-age daughter’s education and towards supporting her parents.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Soledad tiene 33 años de edad, es madre soltera vive en casa de sus padres los cuales
le ayudan a cuidar a su menor hija, Ella inicio el negocio de venta de ropa hace
algunos años, con un pequeño capital producto del trabajo como obrera de planta. Ella
ya posee una gran cantidad de clientes a los cuales les brinda además de buenos
precios una buena atención y garantía en la mercadería que les vende, con los
excedentes obtenidos en esta labor adquirió a crédito una mototaxi la cual le
genera mayores ingresos. Soledad sueñan con brindarle a su hija y a sus padres una
condición de vida adecuada, además con tener su casa propia, Soledad destina todos los
ingresos para la educación de su hija ya que ella esta en edad escolar y la manutención de sus padres.

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About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8670 PEN = 1 USD
23 Lenders to this Entrepreneur

Margaret
Prague 2,
Czech Republic

John
Albuquerque, NM
United States

Patrick
Wien,
Austria

M
Hellerup,

Sydney
Shelby, NC
United States

Anonymous
Washington, DC
United States

Tracy, Curt, & Jim
SYRACUSE, NY
United States

Joel & Sara
Syracuse, IN
United States

John
San Diego, CA
United States

Kate
Nashville, TN
United States

carlos
Diamond bar, CA
United States

Alan
Signal Mountain, TN
United States

Kevin
St Hubert, Quebec
Canada

Lita
Framingham, MA
United States

Jerome
calgary, Alberta
Canada

Anonymous
Sacramento, CA
United States

George
Lake Oswego, OR
United States

Dagfinn

Norway

Lorah
San Diego, CA
United States

Jan

Julie
Toronto, Ontario
Canada

Tomas
Tempe, AZ
United States



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Journal entries for Soledad Cuba Garriazo


Subject: Loan to Soledad Cuba Garriazo in Peru has been 100% funded
Location: Ica, Peru

Thanks to you and 22 other Kiva Lenders, the $700.00 loan requested by Soledad Cuba Garriazo in Peru has been 100% funded. The loan will be used for the purpose of: Work capital .

Over the months of this loan, Kiva’s Field Partner in Peru, Caja Rural Señor de Luren, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ica, Peru
Feb 9, 2010
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Kiva Help Repayment Schedule for Soledad Cuba Garriazo

  Expected Repayments Actual Repayments Comments
May 2010 $49.54 Available May 1  
June 2010 $50.37 Available Jun 1  
July 2010 $52.54 Available Jul 1  
August 2010 $53.56 Available Aug 1  
September 2010 $55.72 Available Sep 1  
October 2010 $56.95 Available Oct 1  
November 2010 $58.71 Available Nov 1  
December 2010 $60.87 Available Dec 1  
January 2011 $62.42 Available Jan 1  
February 2011 $64.56 Available Feb 1  
March 2011 $134.76 Available Mar 1