Norma


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Norma
Location: Pucallpa, Peru
Activity: Food Production/Sales

About the Loan

Loan Amount: $650.00
Loan Use: To implement an adequate space where she can sell her food
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 14, 2008
Date Disbursed: Nov 27, 2008
Date Funded:Dec 14, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0917 PEN = 1 USD



Norma is 49-years-old. She is a single mother and lives with her three children, who support her very much. She has sold food for one year. What she likes about her job is giving good attention to her customers. Her business is profitable for her because it is in a good location, and above all, she has a select clientele that likes the good flavor of her food. The only difficult part for her is not having a location for her restaurant, since she has adapted a space in her house for it. This is her sixth loan with Microfinanzas Prisma. She is punctual with her payments. With the money that she is requesting, she will have a ramada (a space covered with a roof of branches) constructed outside her house where she can sell her food. She will also buy tables and chairs to give good attention to her customers.

Translated from Spanish by Tanya Harper, Kiva Volunteer


Norma tiene 49 años, es madre soltera y vive con sus tres hijos que la apoyan mucho. Su dedicación a la venta de comida la viene realizando desde hace ya un año atrás, lo que le gusta de su trabajo es dar una muy buena atención a sus clientes. Le es rentable porque se encuentra ubicada en un buen lugar y sobre todo cuenta con una clientela selecta que degustan de su buena sazón. Lo único difícil para ella, es no contar con un local para su restaurante, ya que lo adecua en un espacio de su casa. Es su 6to préstamo con MFP, y es una clienta puntual en sus pagos. Con el dinero que solicita mandará a construir en las afueras de su domicilio una ramada (espacio cubierto con un techo de ramas) para vender su comida y además comprar mesas y sillas para dar una buena atención a sus clientes.

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Journal entries for Norma


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

Thank you for your loan. It has been disbursed to Norma by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 5 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Dec 15, 2008
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Kiva Help Repayment Schedule for Norma

  Expected Repayments Actual Repayments Comments
February 2009 $98.89 $98.89 Repayment Received
March 2009 $101.21 $101.21 Repayment Received
April 2009 $105.40 $105.40 Repayment Received
May 2009 $111.16 $111.16 Repayment Received
June 2009 $114.04 $114.03 Repayment Received
July 2009 $119.30 $119.31 Repayment Received