Norma


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Norma
Location: Huancayo, Peru
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $450.00
Loan Use: To Increase Capital to Offer a Better Quality and Variety of Fruit
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 3, 2008
Date Disbursed: Mar 17, 2008
Date Funded:Mar 3, 2008
Loan Ended:Sep 18, 2008

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8946 PEN = 1 USD



Norma and her husband have always sought a way to raise their 4 children and to offer them a good education. Therefore, nearly all their life, they have been selling different articles, and 7 years ago they began to sell fruit wholesale. Norma's husband travels constantly to the countryside of Peru where he is able to obtain a large amount of fruit which he sends to his wife. Their clients are always pleased due to the sweetness and quality of the fruit. The demand of this fruit has been affected by innumerable reasons and their profits have diminished considerably, nevertheless they do not lose hope that their sales will increase with the help of capital to their business.



Translated from Spanish by Jenny Dean, Kiva Volunteer.




Norma y su esposo siempre han buscado la manera de sostener a sus 4 hijos y brindarles una buena educación, por esa razón es que casi toda su vida han estado dedicados al comercio de diferentes artículos, y hace 7 años a la comercialización de frutas al por mayor. Su esposo viaje constantemente a la selva de su país para enviar desde este lugar gran cantidad de frutas hasta el lugar en el que aguarda su esposa, siempre conquistando a sus clientes con la dulzura de los frutos que oferta en su espacio de ventas. La demanda de estos productos se han visto afectados por innumerables razones y sus ganancias han disminuido considerablemente, sin embargo no pierden las esperanzas de incrementar sus ventas con la ayuda de una inyección de capital a su labor.


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Journal entries for Norma


Loan has been disbursed
 
Entrepreneur: Norma
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Norma Villar Cotera by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 6 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancayo, Peru
Mar 17, 2008
Comment on this entry

Fruta más rica para Norma
 
Entrepreneur: Norma
Location: Huancayo, Peru

Norma solicitaba un préstamo para adquirir más mercadería, que le permitiera tener mayores ingresos, logro hacer realidad su deseo, adquiriendo mercadería de mejor calidad, con esto pudo aumentar sus venta y toda su familia está contenta por este logro, que permite cubrir las necesidades, por ello que Norma está agradecida por haber tenido la oportunidad a este crédito, que le ha permitido seguir adelante.


Posted by Rozana Guevara Centeno from Huancayo, Peru
Oct 16, 2008
Comment on this entry

Kiva Help Repayment Schedule for Norma

  Expected Repayments Actual Repayments Comments
June 2008 $75.00 $75.00 Repayment Received
July 2008 $75.00 $75.00 Repayment Received
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received