This loan has been FULLY FUNDED by 4 lenders!

Mercedes
|

Status: Paid Back

$200
Loan Request
Pre-Disbursed : Oct 30, 2008
Listed: Nov 21, 2008
Funded: Nov 21, 2008
$200
Paid Back
Ended: Mar 16, 2009
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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: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: Buy potatoes, seafood, and limes   Currency Exchange Loss: Covered
      Default Protection: Covered
Mercedes Rojas Robles is a member of the Firmeza Village Bank, which means “steadiness” in Spanish. She is married, has two children, and works everyday selling food. She will use her loan of 600 soles to purchase potatoes, seafood, and limes. She is currently saving to be able to pay for her children’s education so they can become professionals. Her dream is to have her children remain in school and become professionals and that her business continues to grow.

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About the Country

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

annie
Portland, OR
United States

Peter & Catherine
Delta, British Columbia
Canada

Christopher
Indianapolis, IN
United States



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Journal entries for Mercedes


Subject: Loan has been disbursed
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Mercedes 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 22, 2008
Comment on this entry

Subject: Mercedes
Location: Ayacucho, Peru

Mercedes has difficulties paying back her loan but with hard work and motivation, she was able to pay back her loan on time in March of 2009. Mercedes decided to leave FINCA Peru in June of 2009. We wish her the best of luck in her personal and business endeavors.


Posted by Viviana Salinas Lanao from Ayacucho, Peru
Feb 9, 2010
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Kiva Help Repayment Schedule for Mercedes

  Expected Repayments Actual Repayments Comments
January 2009 $50.00 $50.00 Repayment Received
February 2009 $50.00 $50.00 Repayment Received
March 2009 $50.00 $50.00 Repayment Received
April 2009 $50.00 $50.00 Repayment Received