This loan has been FULLY FUNDED by 13 lenders!

Marlene
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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: 7 months
(more info)
Activity: Food Market   Repayment Schedule: Monthly
Loan Use: Buy rice, sugar and milk   Currency Exchange Loss: Covered
      Default Protection: Covered
Marlene is a member of the Sumaq Huayta Village Bank; “Sumaq Huayta” means “Beautiful Flower” in Quechua. Marlene is 28 years old and has two children. Marlene travels to different regional markets, where she sells dry goods and bread and buys a variety of grains, which she sells in the markets in the city of Ayacucho. Marlene also works in a store as a saleswoman. Marlene needs a loan of 1000 soles to buy rice, sugar, and milk. Marlene’s dreams are to buy a house and to provide her children with a good education.

Translated from Spanish by Cynthia McMurry, Kiva fellow

Marlene es socia del Banco Comunal Sumaq Huayta que significa Linda Flor.

Marlene es conviviente, tiene 28 años y 2 hijos, Marlene viaja a las diferentes ferias de la región en donde vende abarrotes, panes y de las ferias compra cereales diversos, cuyos productos luego vende en los mercados de la ciudad de Ayacucho. Además marleny trabaja en una tienda como vendedora.

Marlene necesita un préstamo de 1000 soles dinero que será invertido en la compra de arroz, azúcar, leche.

Los sueños de Marlene son comprar una casa y brindar una buena educación a sus hijos.
About the Country
Country:
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD

Helene
Urbandale, IA
United States

Anonymous
Brussels
Belgium

Anonymous

Denise
Tustin, CA
United States

Wonga.com
London, London
United Kingdom

Berit
Malmo
Sweden

Lesley
Simi Valley, CA
United States

William
Washington, DC
United States

Andrea
K
Germany

Karen
Dallas, Texas
United States

Kimm
Albuquerque, NM
United States
Top Lending Teams for this Entrepreneur

Team Europe
Local Area
1898 Members

Wonga.com
Businesses
62 Members
Status: Paid Back

$325
Loan Request
Pre-Disbursed : Dec 3, 2008
Listed: Dec 18, 2008
Funded: Dec 19, 2008
$325
Paid Back
Ended: Jun 15, 2009
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Journal entries for Marlene


Subject: Marlene
Location: Ayacucho, Peru

Marlene has been a member of FINCA Peru for five years. With her loan she was able to purchase more appliances for her business. Most excitingly, the loan has allowed her to be very close to finishing her house! Aside from enjoying her village bank, Marlene has particularly enjoyed the sessions on business development offered by FINCA Peru.


Posted by Viviana Salinas Lanao from Ayacucho, Peru
Feb 10, 2010
Comment on this entry
Subject: Loan has been disbursed
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Marlene by FINCA Peru in Peru. We are excited to watch this business grow. Over the 5 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 Marlene
  Expected Repayments Actual Repayments Comments
February 2009 $54.17 $54.28 Repayment Received
March 2009 $54.17 $54.06 Repayment Received
April 2009 $54.17 $54.17 Repayment Received
May 2009 $54.17 $54.17 Repayment Received
June 2009 $54.17 $54.16 Repayment Received
July 2009 $54.15 $54.16 Repayment Received