This loan has been FULLY FUNDED by 15 lenders!

Glendise
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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: 8 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: Buy wheat, broadbeans, quinoa, and garlic   Currency Exchange Loss: Covered
      Default Protection: Covered
Glendise is a member of the Tulipanes (“Tulips”) Village Bank.

Glendise is 38 years old and married with three children. Glendise travels to different regional markets (she used to travel to two different markets, but now travels to four) to sell various fruits and to buy cheese, grains, garlic and chickens. She grinds the grains into flour, which she then sells wholesale in different markets in the city of Ayacucho. She sells the other products door-to-door. Glendise needs a loan of 2000 Soles to buy wheat, broadbeans, quinoa and garlic.

Glendise’s dreams are to build her own home, to buy a car to transport her wares, and to send her children to school.

---
Translated from Spanish by Cynthia McMurry, Kiva Fellow




Glendise es socia del Banco Comunal Tulipanes.
Glendise es casada, tiene 38 años y 3 hijos, Glendise viaja a las diferentes ferias de la región, anteriormente viajaba a 2 ferias y actualmente viaja a 4 ferias, en donde vende frutas variadas y de las ferias compra quesos, cereales, ajo y gallinas, sus productos los vende de casa en casa y los cereales los procesa en harinas y lo vende por mayor en los diferentes mercados de la ciudad.
Glendise necesita un préstamo de 2000 soles dinero que será invertido en la compra de trigo, haba, quinua y ajo.
Los sueños de Glendise son construir su casa, comprar un carro para transportar sus productos y que sus hijos estudien.
About the Country
Country:
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD

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Wonga.com
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Top Lending Teams for this Entrepreneur

Team Europe
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1898 Members

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8 Members

KivaFriends.org
Common Interest
1119 Members

Wonga.com
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62 Members
Status: Paid Back

$650
Loan Request
Pre-Disbursed : Dec 13, 2008
Listed: Dec 15, 2008
Funded: Dec 19, 2008
$650
Paid Back
Ended: Jun 15, 2009
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Journal entries for Glendise


Subject: Glendise
Location: Ayacucho, Peru

Glendise paid back her loan on time in June of 2009. She then took a subsequent loan out that was also paid back on time in January of 2010. At that moment, Glendise decided to leave FINCA Peru because of work commitments. We wish her the best of luck in her personal and business endeavors.


Posted by Viviana Salinas Lanao from Ayacucho, Peru
Feb 3, 2010
Comment on this entry
Subject: Loan has been disbursed
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Glendise by FINCA Peru in Peru. We are excited to watch this business grow. Over the 6 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Dec 20, 2008
Comment on this entry
Kiva HelpKiva Repayment Schedule for Glendise
  Expected Repayments Actual Repayments Comments
February 2009 $0.00 $108.23  
March 2009 $108.22 $0.00 Repayment Received
April 2009 $108.22 $216.45 Repayment Received
May 2009 $108.22 $0.00 Repayment Received
June 2009 $108.22 $108.55 Repayment Received
July 2009 $108.22 $216.77 Repayment Received
August 2009 $108.90 $0.00 Repayment Received