This loan has been FULLY FUNDED by 6 lenders!
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Marina
Status: Paid Back
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Loan Request
Pre-Disbursed
: Nov 14, 2008
Listed: Nov 21, 2008
Funded: Nov 22, 2008
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| $200 |
Paid Back
Ended: May 15, 2009
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About the Field Partner
| FINCA Peru administers this loan. Learn more | |||||||
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| Field Partner: | FINCA Peru | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 31 months | ||||||
| Kiva Entrepreneurs: | 10287 | ||||||
| Total Loans: | $0 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 0.00% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Loan
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Location: | Ayacucho, Peru | Repayment Term: | 8 months (more info) |
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| Activity: | Fuel/Firewood | Repayment Schedule: | Monthly | |
| Loan Use: | Buy eucalyptus trees | Currency Exchange Loss: | Covered | |
| Default Protection: | Covered |
Marina is a member of the Chiara Village Bank. She is 27 years old and lives with her husband and their three children. Marina and her husband chop and sell firewood. Marina buys eucalyptus trees, which workers chop into firewood. The firewood is then brought to the city of Ayacucho and sold to bakeries that use wood-fired ovens. Marina also raises small animals, which she sells in her own district. Marina needs a loan of 600 soles to buy eucalyptus trees. Marina’s dreams are for her children to finish school, to have her own investment capital, and to expand her business.
Translated from Spanish by Cynthia McMurry, Kiva fellow
Marina es socia del Banco Comunal Chiara.
Marina es conviviente, tiene 27 años y 3 hijos, Marina junto a su esposo se dedican a hacer leña, Marina compra árboles de eucalipto que luego con la ayuda de peones realiza leña que transporta a la ciudad de Ayacucho y lo reparte a los hornos de panes. Además Marina se dedica a la crianza de animales menores que vende en su mismo distrito.
Marina necesita un préstamo de 600 soles dinero que será invertido en la compra de árboles de eucalipto.
Los sueños de Marina son que sus hijos culminen sus estudios, tener capital propio y hacer crecer su negocio.
Translated from Spanish by Cynthia McMurry, Kiva fellow
Marina es socia del Banco Comunal Chiara.
Marina es conviviente, tiene 27 años y 3 hijos, Marina junto a su esposo se dedican a hacer leña, Marina compra árboles de eucalipto que luego con la ayuda de peones realiza leña que transporta a la ciudad de Ayacucho y lo reparte a los hornos de panes. Además Marina se dedica a la crianza de animales menores que vende en su mismo distrito.
Marina necesita un préstamo de 600 soles dinero que será invertido en la compra de árboles de eucalipto.
Los sueños de Marina son que sus hijos culminen sus estudios, tener capital propio y hacer crecer su negocio.
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About the Country
| Country: | Peru |
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| Avg Annual Income: | $6,715 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 3.0917 PEN = 1 USD |
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Journal entries for Marina
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Subject: Loan has been disbursed
Location: Ayacucho, Peru
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Posted by
from Ayacucho, Peru
Nov 23, 2008 |
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Repayment Schedule for Marina
Repayment Schedule for Marina
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $33.33 | $33.33 |  Repayment Received
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| March 2009 | $33.33 | $33.33 | Repayment Received
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| April 2009 | $33.33 | $33.33 | Repayment Received
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| May 2009 | $33.33 | $33.33 | Repayment Received
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| June 2009 | $33.33 | $66.68 | Repayment Received
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| July 2009 | $33.35 | $0.00 | Repayment Received
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