Emperatriz Olivares Salvador


Status: Paid Back

$250.00   Loan Request
$250.00   Paid Back

About the Entrepreneur

Name: Emperatriz Olivares Salvador
Location: El Porvenir-trujillo-la Libertad, Peru
Activity: Cobbler

About the Loan

Loan Amount: $250.00
Loan Use: Purchase materials for making shoes.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 2, 2008
Date Disbursed: Nov 16, 2008
Date Funded:Nov 2, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0589 PEN = 1 USD



Emperatriz Olivares Salvador is 25 years old and belong to the "Mujeres al Progreso" communal bank. She lives in the Víctor Raúl section of the Porvenir district, in the province of Trujillo, department of La Libertad in Peru.
She completed her primary school studies but could not continue due to lack of financial resources. She is married to Luis Ramos Salazar and they have 2 small children.
She has always work as a cobbler and remembers that her first job was to prepare the shoe, meaning that she attached the insoles and labels, cleaned them of any glue and packed them in their boxes. Now she has a partnership with her sister where she makes the shoe and delivers it ready to be labeled.
Her business is located in Víctor Raúl on Jorge Basadre Avenue.
With her first loan for 300 soles, which was repaid in 4 installments, she bought heels, leather and other materials. With this loan for 700 soles, which will be repaid in 4 installments, she will buy materials for putting together the shoes and glue. Emperatriz dreams of having a bigger workshop where she can hire more people.

Translated from Spanish by Molly Puglisi, Kiva Volunteer


La señora Emperatriz Olivares Salvador tiene 25 años pertenece al Banco Comunal Mujeres al Progreso y vive en la Mz 2 lote sin número del sector de Víctor Raúl distrito del Porvenir provincia de Trujillo departamento de La Libertad Perú.
Estudió la primaria completa pero no continuó estudiando debido a la falta de medios económicos.
Se casó con Luis Ramos Salazar, con quien tiene 2 hijos pequeños.
Siempre trabajó en calzado, recuerda que primero alistaba calzado, eso quiere decir que pegaba plantillas, etiquetas, limpiaba el pegamento y colocaba los pares en las cajas. Ahora tiene una sociedad con su hermana, donde ella confecciona el calzado y lo entrega listo para ser etiquetado.
Su negocio se ubica en Víctor Raúl pero en la Avenida Jorge Basadre Mz 11 lote 14.
Con el primer préstamo de 300 soles cancelados en 4 cuotas, compró neolid, tacos, cuero y badana.
Con este crédito de 700 soles que será cancelado en 4 cuotas comprará ormas para armar zapato y pegamento.
Emperatriz sueña con tener un gran taller donde pueda dar empleo a más personas.

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Lenders to this entrepreneur

Jackie, Samantha & Matt
Burlington NJ, www.kivafriends.org
United States

Marcia
MacGregor, Manitoba
Canada

lemming
Somerville, MA
United States

Catherine
Zuerich,
Switzerland

Jacqueline
MILTON KEYNES, BUCKS
United Kingdom



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Journal entries for Emperatriz Olivares Salvador


Loan has been disbursed
 
Entrepreneur: Emperatriz Olivares Salvador
Location: El Porvenir-trujillo-la Libertad, Peru

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


Posted by from El Porvenir-trujillo-la Libertad, Peru
Nov 17, 2008
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Kiva Help Repayment Schedule for Emperatriz Olivares Salvador

  Expected Repayments Actual Repayments Comments
February 2009 $62.50 $62.50 Repayment Received
March 2009 $62.50 $62.50 Repayment Received
April 2009 $62.50 $62.50 Repayment Received
May 2009 $62.50 $62.50 Repayment Received