Tag: Kiva

– Sabina from Peru has fully repaid a Kiva loan

Location: Juliaca, Peru Repayment Term: 8 months (more info) Activity: Catering   Repayment Schedule: Monthly Loan Use: Purchase new cookware   Sabina is a very responsible mother. She is 64 years old and knows how to move her family forward. She lives in her own home with her two children, Jenry (age 45) and Sandra (age 41). What she wants most is to have a peaceful retirement. Sabina makes her living preparing food for large events, such as weddings, birthdays, baptisms, and traditional religious holidays. She works with a business partner who she trusts completely and is responsible for obtaining contracts to provide food. Sabina prefers to focus only on cooking and not participate in any other part of the business. She cooks very well and receives many orders. Her services are in high demand for parties throughout the city.

Sabina has been in business for 25 years and the most difficult part of her job is completing the orders she receives despite a lack of supplies. She manages to carry them out because she knows that her reputation and business are at stake. In the future, she hopes to open a large restaurant where she can sell her delicious dishes herself.

This is Sabina’s second loan with MFP. She is very happy to have the opportunity to receive a loan, and she hopes to make her payments on time. Sabina is one of the most active and responsible participants in her Communal Bank. With the loan of 1000 soles she requested, she will buy new cookware because the equipment she currently uses has deteriorated over time.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

Sabina es una madre muy responsable, a sus 64 años ha sabido sacar a su familia adelante. Vive en su casa propia junto a sus dos hijos: Jenry de 45 y Sandra de 41 años y lo que más desea es tener una vejez tranquila. La labor que realiza es la preparación de comida para eventos grandes, como matrimonios, cumpleaños, bautizos o fiestas religiosas tradicionales. Ella trabaja junto a un socio de su entera confianza, el cual consigue los contratos para la comida, pues Sabina prefiere sólo cocinar y no participar mucho en los negocios. Por ello es que lo que más le gusta de su trabajo es cocinar y lo hace muy bien, es por eso que tiene muchos pedidos y es muy solicitada en las fiestas de su ciudad. Lleva 25 años en esta actividad y considera que lo más difícil es tener que cumplir con los pedidos que le realizan, ya que suelen ser muchos y no se da abasto para realizarlos, pero igual sabe que tiene que hacerlo, porque se juega la reputación de su negocio. Para el futuro anhela abrir un restaurante muy grande, donde pueda vender sus deliciosos platillos ella misma. Este es el segundo préstamo de Sabina con MFP, ella se siente muy feliz de la oportunidad de crédito, por lo que espera poder pagarlo a tiempo. En su banco comunal es una de las socias más participativas y responsables. Con los mil nuevos soles solicitados comprará nuevas ollas para renovar las q

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– Flor De Maria from Peru has fully repaid a Kiva loan

Location: Ayacucho, Peru

Repayment Term: 8 months (more info)

Activity: Retail   Repayment Schedule: Monthly

Loan Use: To buy wine and pecans

Currency Exchange Loss: Covered       Default Protection: Covered

Flor de Maria is a member of the community bank “Luz Divina”. She is 50 years old, divorce and has 4 children; Flor was born in the city of Ica and works as a nurse at the City Hospital. Flor de Maria sells pecans and wine to employees of various institutions. She is asking for a loan of $675 that will be invested in the purchase of wines and pecans. Flor dreams are to expand her business, to have a pecan’s crop and export them.

Translated from Spanish by Adriana Pierce, Kiva Volunteer

Flor de Maria es socia del Banco Comunal Luz Divina. Flor de Maria es separada, tiene 50 años y 4 hijos, natural de la ciudad de Ica, de profesión enfermera y trabaja en el hospital de la ciudad, Flor de Maria vende vinos y pecanas que adquiere en la ciudad de Ica, sus ventas los realiza a los trabajadores de diferentes instituciones. Flor de Maria necesita un préstamo de 2000 soles dinero que será invertido en la compra de vinos y pecanas. Los sueños de Flor de Maria son ampliar su negocio, tener su pecanal y vender al extranjero.

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