Norma Villanueva Rojas


Status: Paid Back

$775.00   Loan Request
$775.00   Paid Back

About the Entrepreneur

Name: Norma Villanueva Rojas
Location: Ascope - La Libertad, Peru
Activity: Construction

About the Loan

Loan Amount: $775.00
Loan Use: Buy a truck (mobility).
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 30, 2007
Date Disbursed: Nov 14, 2007
Date Funded:Oct 31, 2007
Loan Ended:Mar 14, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0100 PEN = 1 USD



Norma is 43 years old and lives in Licapa, in the District of Paiján, Ascope Province, Department of La Libertad. She has one son who no longer lives with her now that he is an adult, and she has given him work in her business. Norma attended school until 9th grade.



She started her business when she worked with a friend in Laredo in a brick factory, and learned from that business. She made herself independent and was able to work alone when she received her first loan of 300 soles (approximately $100) from the Communal Bank “Manos Unidas.” With this money she bought a plot of land, and with subsequent loans she bought her tools. In this way the business grew and she was able to give more and more work to the youth who live in the area.



This loan of 2,300 soles (about $767) from Manuela Ramos, which will be repaid in 4 months, will be used as capital to buy another truck to deliver the bricks that they produce.



Norma dreams of having a business with state-of-the-art technology, and in this way grow and be able to export her products.


Translated from Spanish by Laura Westin, Kiva volunteer.



La señora Norma tiene 43 años de edad, actualmente vive en Licapa, Distrito de Paiján, Provincia de Ascope del Departamento de La Libertad; tiene 1 hijo, el cual no depende de ella, ya es mayor y le ha dado trabajo en su negocio. La señora Norma estudió hasta el tercer año de secundaria.



Su negocio empezó cuando se asoció con un amigo para trabajar en Laredo, en la fabricación del ladrillo, allí aprendió del negocio, se independizó para trabajar sola cuando recibió su primer préstamo de S/ 300.00 ($ 100 aprox.) en el Banco Comunal “Manos Unidas”. Con ese dinero pagó el derecho de tierra, con los siguientes préstamos compró sus implementos y así su negocio fue creciendo y pudo dar cada vez más trabajo a jóvenes de su zona.



El reciente préstamo recibido de Manuela Ramos de S/.2,300.00 ($ 767 aprox.) el cual será pagado en 4 meses, lo utilizará para completar el capital para la compra de otro camión, el cual será utilizado para la repartición del ladrillo que fabrica.



La señora Norma sueña con poner una empresa, con tecnología de punta, de esta manera crecer y llegar a exportar.


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Lenders to this entrepreneur

Diane R
KivaFriends.org, Santa Clara, CA
United States

Laurence
Napa, CA
United States

Tim
Chertsey, Surrey
United Kingdom

Faizal
Vancouver, British Columbia
Canada

Lene
Aarhus N,
Denmark

Rachel
Eccles, Greater Manchester
United Kingdom

Gabriel
Lawrence, KS
United States

Roni
Kfar Sava,
Israel

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Thomas
Hamburg, Germany,
Germany

Kay
Columbia, MD KivaFriends.org
United States

Iglesias family
West Lafayette, IN
United States

Monique
egmond ad hoef, Noord-Holland
Netherlands

Frank
Benjamin, UT
United States

regine
Oslo, Oslo
Norway

Christopher
London,
United Kingdom

Frederick
Hamilton, South Lanarkshire
United Kingdom

Melanie, Justin and Sam
Providence, RI
United States

Jean & Gary
Tempe, AZ
United States

John
Louisville, KY
United States

Edie
Nashville, TN
United States

Alexis
Paris,
France

Anonymous
Vancouver, BC
Canada

Valarie
Brampton, ON
Canada

Kory and Megan
Tarrytown, NY
United States

Seldon
San Jose, CA
United States

Rich
Sandy Hook, CT
United States



Journal entries for Norma Villanueva Rojas


Loan has been disbursed
 
Entrepreneur: Norma Villanueva Rojas
Location: Ascope - La Libertad, Peru

Thank you for your loan. It has been disbursed to Norma Villanueva Rojas by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 4 - 10 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ascope - La Libertad, Peru
Nov 14, 2007
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Kiva Help Repayment Schedule for Norma Villanueva Rojas

  Expected Repayments Actual Repayments Comments
February 2008 $193.75 $194.00 Repayment Received
March 2008 $193.75 $194.00 Repayment Received
April 2008 $193.75 $194.00 Repayment Received
May 2008 $193.75 $193.00 Repayment Received