Julia

Status: Paid Back

$525
Loan Request
Pre-Disbursed : Mar 31, 2009
Listed: Apr 3, 2009
Funded: Apr 4, 2009
$525
Paid Back
Ended: Oct 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1750 PEN = 1 USD


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Lima, Peru   Repayment Term: 8 months
(more info)
Activity: Tailoring   Repayment Schedule: Monthly
Loan Use: Julia needs a 1600 soles loan to buy material to make sweatshirts.   Currency Exchange Loss: Covered
      Default Protection: Covered


Julia is a member of Bancomunal las Palmeras. She is a 76-year-old widow and has nine married children. She is from Ancash but came to Lima as a young girl. When she began her work, she would buy the wool and weave the sweatshits by hand. She also learned how to mend weaves and sew pants. Her husband was a tailor. When he died five years ago he left her his machinery. Julia, with her daughter, now works making sweatshirts. This 1600 sol loan will be used to buy the raw materials she needs. Since she has been in Finca, her business has grown; the training sessions they give, as well as the loans they have given her, have helped her improve her businesss. Julia's dream is to see her business continue to grow and prosper.

Translated from Spanish by Michael Bujazan, Kiva Volunteer


Julia es socia del Bancomunal las Palmeras.
Julia tiene 76 años es viuda, tiene nueve hijos que están casados.
Julia es de Ancash llego a Lima de joven, empezó haciendo chompas, compraba lana y las tejía a mano, también aprendió a remallar, aprendió a coser y hacer pantalones, su esposo era sastre. Murió hace cinco años, dejándole las maquinas.
Ahora julia se dedica junto con su hija a confeccionar buzos.
Julia necesita un préstamo de 1600 soles, para la compra de material para confección de buzos.
Desde que esta en Finca, su negocio ha mejorado, las charlas que se dan le han ayudado para manejar mejor su negocio, también los prestamos que finca hace, ha sido de gran ayuda.
El sueño de Julia es que su negocio mejore y seguir prosperando.

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Journal entries for Julia


Loan has been disbursed
 
Entrepreneur: Julia
Location: Lima, Peru

Thank you for your loan. It has been disbursed to Julia 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 Lima, Peru
Apr 5, 2009
Comment on this entry

Julia
 
Entrepreneur: Julia
Location: Lima, Peru

Julia continúa con la venta de buzos, los vende en los mercados, es ambulante juntamente con su hija, por la edad a Julia se le sube la presión, por ello toma su pastilla y sale a trabajar todos los días.

Con el préstamo Julia compró tela polar de varios colores para confeccionar los buzos, hicieron buzos para el invierno y lograron venderlos, pagó con puntualidad su préstamo, aprendió en Finca la importancia del ahorro y cada día separa un dinero para el pago del préstamo.


Posted by Patricia Zamudio Núñez from Lima, Peru
Oct 15, 2009
Comment on this entry

Kiva Help Repayment Schedule for Julia

  Expected Repayments Actual Repayments Comments
June 2009 $87.50 $87.60 Repayment Received
July 2009 $87.50 $87.39 Repayment Received
August 2009 $87.50 $87.50 Repayment Received
September 2009 $87.50 $87.61 Repayment Received
October 2009 $87.50 $87.40 Repayment Received
November 2009 $87.50 $87.50 Repayment Received