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Lauristela
Lauristela E. D. P. runs a call center and general store in the neighborhood of Partido Alta in Tarapoto, San Martin. In the shop she has a cell phone which she charges neighbors to come and use. Before she had phone booths but she found that her clients preferred to use cell phones so she got rid of them. Now her business is more profitable and she is much happier.
Lauristela is 56 years old, happily married, and has four children. Three of her four children are independent and the last is studying accounting at an institute. The futures of her children are very important to Lauristela, she has worked hard and saved responsibly all of her life so they could have more opportunities than she did.
A member of the community bank Nuestra Sra D. La Paz, Lauristela is requesting a loan of s/1000 to repay over 6 months. There are two major cell phone service providers in Peru. Lauristela would like to use the loan to buy a cell phone of the competing service provider she already has. The two service providers offer different perks. With the new cell phone she will be able to attract more clients

About Peru

  • $6,715
    Average annual income
  • 120
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lauristela there are two major cell phone service providers in Peru. Lauristela would like to use the loan to buy a cell phone from the competing service provider from the one she already has. The two service providers offer different perks. With the new cell phone she will be able to attract more clients.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 6, 2008
Listed
Feb 19, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 11, 2008