Sabina

Status: Paid Back

$325
Loan Request
Pre-Disbursed : Nov 21, 2008
Listed: Nov 28, 2008
Funded: Nov 29, 2008
$325
Paid Back
Ended: Apr 15, 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: Food Production/Sales   Repayment Schedule: Monthly
Loan Use: To buy sacks of rice and sugar.   Currency Exchange Loss: Covered
      Default Protection: Covered
Sabina, a member of the Gratitud Village Bank, is 43 years old and lives with her husband and their four children. Sabina sells prepared meals from a mobile cart on a street near the Grau Lot Market, working from 6 a.m. until late at night, often assisted by her daughters. Sabina is now requesting a loan to buy sacks of rice and sugar. Her dreams are to improve her business and to have her own home.

Translated from Spanish by Cynthia McMurry, Kiva fellow




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Journal entries for Sabina


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

Thank you for your loan. It has been disbursed to Sabina 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 30, 2008
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Sabina
 
Entrepreneur: Sabina
Location: Ayacucho, Peru

Sabina decided to leave her FINCA Peru village bank meetings after having difficulties paying back her loan. She was able to pull through with hard work and pay back her loan in April of 2009. We wish her the best of luck in her personal and business endeavors.


Posted by Viviana Salinas Lanao from Ayacucho, Peru
Jan 29, 2010
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Kiva Help Repayment Schedule for Sabina

  Expected Repayments Actual Repayments Comments
February 2009 $81.25 $81.25 Repayment Received
March 2009 $81.25 $81.25 Repayment Received
April 2009 $81.25 $81.25 Repayment Received
May 2009 $81.25 $81.25 Repayment Received