Norma


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Norma
Location: Ayacucho, Peru
Activity: Clothing Sales

About the Loan

Loan Amount: $500.00
Loan Use: Buy a variety of fabrics
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 19, 2008
Date Disbursed: Dec 3, 2008
Date Funded:Dec 19, 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 a member of the Sumaq Huayta Village Bank; “Sumaq Huayta” means “Beautiful Flower” in Quechua. Norma is 40 years old and single; she lives at home with her parents. Norma has a workshop in her house where she sews clothing. She makes custom-fitted dresses and suits. She also participates in another business with other people; they embroider handbags and blouses to export to other countries. Norma needs a loan of 1500 soles to buy a variety of fabrics. Norma dreams of directly exporting her work and of going on a Caribbean vacation.

Translated from Spanish by Cynthia McMurry, Kiva fellow

Norma es socia del Banco Comunal Sumaq Huayta que significa Linda Flor.
Norma es soltera, tiene 40 años y vive en casa de sus padres, Norma tiene un taller de confecciones de prendas de vestir, que esta ubicado en su casa, confecciona vestidos, ternos a medida. Además junto a otras personas se dedican a la elaboración de tejidos bordados, como carteras, blusas que exportan a diferentes países.
Norma necesita un préstamo de 1500 soles dinero que será invertido en la compra de telas variadas.
Norma sueña con exportar directamente sus productos e ir de vacaciones al caribe.

Subscribe

Lenders to this entrepreneur

Hjortur
Reykjavik,
Iceland

susan
riva, MD
United States

christine
Kalamazoo, MI
United States

Norgard family
Charlottenlund, Copenhagen
Denmark

Monika & Justin
Durham, NC
United States

Brady & family
Chandler, AZ
United States

Nancy
North Sydney, Nova Scotia
Canada

Shaun
hove, east sussex
United Kingdom

palinurus
Southampton, Hampshire
United Kingdom

Jane
Shaunavon, Saskatchewan
Canada

Debbi
Chico, CA
United States

Anonymous
Charlottesville, VA
United States

Nancy
Denver, CO
United States

Stephen
Belfast, Antrim
United Kingdom

Bob
Charleston, IL
United States

Anders Brenna
Oslo, Oslo
Norway

Axel
Ottawa, Ontario
Canada

Karyn&Ron
Reisterstown, MD
United States



Journal entries for Norma


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

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


Posted by from Ayacucho, Peru
Dec 20, 2008
Comment on this entry

Kiva Help Repayment Schedule for Norma

  Expected Repayments Actual Repayments Comments
February 2009 $83.33 $83.33 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.33 $83.33 Repayment Received
May 2009 $83.33 $83.33 Repayment Received
June 2009 $83.33 $83.33 Repayment Received
July 2009 $83.35 $83.35 Repayment Received