The business you have loaned to, run by Betty Gloria Lopez Zavaleta, has made a repayment of $85.00. The total amount repaid is now $85.00. This repayment will be divided amongst all the lenders who helped to fund this business, depending upon the percentage each lender contributed.

And yet another repayment notice! The amount that was loaned to Betty Gloria Lopez Zavaleta is extremely low ($425.00), and as she’ll be repaying this in just 5 months that pretty much means she’s repayed 20% of her loan already. Keep it up, Betty!

Some background info:

Betty belongs to the group, Women with a Future, based in Jr. 2 de Mayo, in the district of Calleria, in the state of Ucayali. She is 59 years old and has 7 kids; 5 of whom are adults, the other two depend on her. She is married and her husband is a bricklayer. With the first loan that she received from Manuela Ramos she decided to invest in a small sewing workshop.

Good luck to Lauristela, who runs a little store in the neighborhood of Partido Alta in Tarapoto, San Martin, Peru. She’ll be using the money to buy a second cell phone for her customers to use.

From the Kiva e-mail:

Thank you for your loan. It has been disbursed to Lauristela Espinoza De Pillman by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 6 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.