Georgina

Status: Paid Back

$975
Loan Request
Pre-Disbursed : Mar 13, 2009
Listed: Mar 24, 2009
Funded: Mar 24, 2009
$975
Paid Back
Ended: Oct 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1042 PEN = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Tarma, Peru   Repayment Term: 8 months
(more info)
Activity: Agriculture   Repayment Schedule: At end of term
Loan Use: Purchase fertilizers   Currency Exchange Loss: Covered
      Default Protection: Covered
Georgina is 52 years old, has been married for 21 years, and has seven children who live at home with her. She and her husband work as laborers in their relatives' fields, and they also plant three to four hectares of rented fields with potatoes and peas. In the last harvest, they sent 150 sacks of potatoes to the market in Lima and another 50 sacks to the market in Tarma, and with their earnings they were able to pay off their previous loan, which they spent on pesticides. Now they hope to invest the same amount for their current planting. Georgina was the president of her communal bank a year ago, and this time is helping her daughter in the office of treasurer, as they are in the same group. This is her eighth loan with MFP, and she has been very responsible in her payments. She is seeking this loan for the purchase of fertilizers for her new crop.


Translated from Spanish by Trisha Bury, Kiva Volunteer


Georgina tiene 52 años, es casada hace 21 años, tiene 7 hijos con los que viven en su casa. Ella y su esposo trabajan como peones en las chacras de algunos familiares, asimismo siembran de 3 a 4 hectáreas de papa y alverjas en chacras alquiladas. En la última cosecha enviaron 150 sacos de papa al mercado de Lima y otros 50 sacos al mercado de Tarma, y con las ganancias que lograron obtener pudieron pagar los pesticidas que compraron al crédito anteriormente. Ahora esperan invertir una la misma cantidad para su nueva campaña de siembra. Georgina fue la presidenta de su banco comunal hace un año, esta vez apoya a su hija con el cargo de tesorera, ya que ambas integran el mismo grupo. Este es su 8vo préstamo con MFP, y es una persona muy responsable en sus pagos. El dinero que está solicitando es para la compra de fertilizantes para sus nuevos cultivos.


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Journal entries for Georgina


Loan has been disbursed
 
Entrepreneur: Georgina
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Georgina by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 5 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tarma, Peru
Mar 25, 2009
Comment on this entry

Fertiliza y cuida de sus cultivos de papa.
 
Entrepreneur: Georgina
Location: Tarma, Peru

Gracias al préstamo, Georgina compró 25 sacos de fertilizantes químicos. De esta manera los nitratos que compró aplicó a 10 sacos de esta sustancia a sus cultivos de papa y con el transcurrir de los meses sus cultivos afloraron muy bien lo que avizora que tendrá buenas cosechas, superando de esta manera a los otras cosechas anteriores. Georgina esta muy agradecida con el préstamo que le dieron todos ustedes, siendo de vital importancia para sus cultivos y para su trabajo. En los siguiente continuará trabajando en cada uno de sus cultivos, siendo su principal actividad que le genera mayores ingresos económicos.


Posted by Betsabé Bruno Morales from Tarma, Peru
Oct 14, 2009
Comments (1)

Kiva Help Repayment Schedule for Georgina

  Expected Repayments Actual Repayments Comments
October 2009 $0.00 $162.50  
November 2009 $975.00 $812.50 Repayment Received