Madeley

Status: Paid Back

$275
Loan Request
Pre-Disbursed : Nov 5, 2008
Listed: Nov 13, 2008
Funded: Nov 13, 2008
$275
Paid Back
Ended: Mar 16, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Ayacucho, Peru   Repayment Term: 6 months
(more info)
Activity: Restaurant   Repayment Schedule: Monthly
Loan Use: Buy a counter and chairs for ceviche restaurant   Currency Exchange Loss: Covered
      Default Protection: Covered
Madeley is a member of the Despertar ("Awaken") Communal Bank. She is 33 years old and is married with four children. She runs a ceviche bar located on Bellido Street. Her restaurant specializes in ceviche, a traditional Peruvian dish made with raw fish and lemon. She has two employees, and her restaurant is open until 11pm.


Madeley needs a loan of 800 soles to buy a counter and chairs. She dreams of having her own investment capital for her business and of providing her children with a good education.


Translated by Cynthia McMurry, Kiva volunteer


Madeley es socia del Banco Comunal Despertar.
Madeley es casada, tiene 33 años y 4 hijos, Madeley tiene una cebichería bar en un local alquilado ubicado en el Jr. Bellido, la especialidad de su restaurante es el cebiche (plato típico peruano elaborado con pescado y limón), para lo cual cuenta con 2 personales, y por las tardes funciona el bar hasta las 11 de la noche.
Madeley necesita un préstamo de 800 soles dinero que será invertido en la compra de mostrador y sillas.
Madeley sueña con tener un capital propio y brindar una buena educación a sus hijos.



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Journal entries for Madeley


Loan has been disbursed
 
Entrepreneur: Madeley
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Madeley by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 3 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Nov 14, 2008
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Kiva Help Repayment Schedule for Madeley

  Expected Repayments Actual Repayments Comments
February 2009 $137.50 $137.50 Repayment Received
March 2009 $68.75 $68.75 Repayment Received
April 2009 $68.75 $68.75 Repayment Received