Micro-Enterprise Rep...

In our case studies section, you can read about Ramesh ...

Get Involved!

There are a number of ways in which you can get involve...

Frequently Asked Que...

We have recently updated our Frequently Asked Questions...

To see our recent projects click below.

FIND OUT MORE

To see our recent projects click below.

FIND OUT MORE

To see our recent projects click below.

FIND OUT MORE

Micro-Enterprise Report from Tarapoto Peru August 2008

Thanks:

We wish to give our thanks and acknowledgement to Change4Change for the great work that they are doing in many places around the world through micro-enterprise development. Here in Tarapoto we feel the benefit of this support.

Ten individuals have now benefited from this initiative, each receiving the sum of $100 with which they have been able to begin their own micro-businesses, thanks to the capital provided by Change4Change. People, who were living on literally no income, today are receiving one that is empowering them to meet their basic day to day needs.

Beneficiaries:

  1. Enma Cointa Saurin
  2. Berta Melendez Huansi
  3. Antonio Panduro Saavedra
  4. Edwin Flores Flores
  5. Jesus Chumbe Ramirez
  6. Leydy Isuiza Amasifuen
  7. Hildamar Alegria Saavedra
  8. Alonso Sandoval Daza
  9. Daysi Cordova Soria
  10. Mercy Fasabi Torres

We have now carried out 4 months of the 1st cycle since beginning the initiative of the micro-enterprise program in the city of Tarapoto. 99.99% of the beneficiaries are working well with their micro-businesses and without exception have been faithful in their repayments. The church treasurer has been overseeing and making sure that the accounts are in order and the money is paid back into the MED account in Banco de Crédito del Perú.


5 Case Studies

Case Study 1

Name: Enma Cointa Saurin

Business: Selling a maize based drink called ‘Chicha’
Loan: $100
Repayments:
Cycle: 6 months
Quantity: 6
Amount: $18.5

Repayment date:20th of each month
Total repayment with Admin. Charges: $111

History

Enma is a housewife. With her loan she was able to buy various things that she needed to start her business: 2 buckets, a funnel, tray, sugar, maize etc. She gets up early in the morning to prepare the ‘Chicha’ she then leaves it to ferment (or mature) in the blue bucket shown, for 12 hours. Her husband Manuel travels around the city selling the ‘Chicha’ in his motor taxi. This gives them many opportunities to sell in markets, workshops, streets, any areas with lots of people. Her business is going well, they are very content and are dreaming of and saving towards an ‘embasadora automática’.
(special drink-making machine – from what I can gather!?!)

Case Study 2

Name: Hilda Mar Alegria Saavedra

Business: Making and selling craftwork
Loan: $100
Repayments:
Cycle: 6 months
Quantity: 6
Amount: $18.5

Repayment date:20th of each month
Total repayment with Admin. Charges: $111

History

Hilda Mar a young enterprising lady with a great ability to make all kinds of art and craft goods made from natural products, like beads, roots, bamboo, seeds etc. With the loan she was able to build her business buying materials and diversify it, buying jewellery. At present her business is mobile, she travels around the city to various markets etc, but she dreams of eventually having her own shop.

Case Study 3

Name: Jesús Chumbe Ramirez

Business: Making and selling bedcovers
Loan: $100
Repayments:
Cycle: 6 months
Quantity: 6
Amount: $18.5

Repayment date: 20th of each month
Total repayment plus interest and savings $111

History

Jesús Chumbe is a lady with a real desire to get out of poverty. She received the loan from Change4Change to start a business in making and selling bedcovers. With the money she received she was able to buy all her materials necessary to start her business. Every set of bed-covers is sold for $20. She has been very faithful in making her repayments and her dream is to buy a semi-industrial sewing machine as the sewing machine she presently uses is very basic and doesn’t meet the requirements of top quality products.

Case Study 4

Name: Mercy Fasabi Torres

Business: Making and selling fresh fruit juices
Loan: $100
Repayments:
Cycle: 6 months
Quantity: 6
Amount: $18.5

Repayment date: 20th of each month
Total repayment plus interest and savings $111

History

Mercy is a real fighter. Her willingness to work hard is really helping her to move forward. Her husband is an alcoholic and does not help her in any way, least of all in the upbringing of their three children who are all of school age. In the past Mercy has received personal loans at high interests of 20%, which is common in this city. Now with the loan from Change4Change, she is building this new business selling the fresh fruit juices from the front patio of her mother-in-law’s house. Her mother-in-law is also helping her in the business. They have also diversified the business selling lunchtime meals, as they were finding that they would finish selling all of the juice throughout the morning.

Case Study 5

Name: Daysi Cordova Soria

Business: Making and selling plantain chips
Loan: $100
Repayments:
Cycle: 6 months
Quantity: 6
Amount: $18.5

Repayment date: 20th of each month
Total repayment plus interest and savings $111

History

With the loan Daysi received she bought everything necessary to start a business making and selling plantain chips. She makesand sells the chips to kiosks and stores and from our own front patio. We Her dream would be to have her own larger business making a variety of food stuffs to the point that shecould employ others.

A Grand September

Copyright © 2009