Nely Argentina Bustillo


Status: Paying Back

$550.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Nely Argentina Bustillo
Location: Danli, Honduras
Activity: Cosmetics Sales

About the Loan

Loan Amount: $550.00
Loan Use: To buy shampoos, creams, lotions, deodorants, perfumes, and household cleaning products
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 17, 2009
Date Disbursed: May 14, 2009
Date Funded:May 20, 2009

About the Country

Country:Honduras
Avg Annual Income:$3,009.00
Currency:Honduras Lempiras (HNL)
Exchange Rate:18.8954 HNL = 1 USD



Nely Argentina Bustillo has a cosmetics sales business, which she has had for more than 4 years. She is a widow and the mother of two sons, who are both married. Through her cosmetics sales she has been able to achieve many things, bit by bit. Sales are a little difficult at this time because the economic situation in the area is very difficult. Therefore, what she would like is to purchase merchandise at wholesale prices so that the products will be less expensive for her and she can have better profits. However, she needs capital to invest in the merchandise; for this reason she is requesting a loan so that she can get ahead. Her goal is to have a store full of all the products she wants to sell and thereby have a better quality of life.






Translated from Spanish by Jennifer Day, Kiva Volunteer


La Sra. Nely Argentina Bustillo tiene un negocio de venta de cosmeticos, tiene mas de 4 años de dedicarse a esta actividad, es viuda y madre de 2 hijos los cuales ya estan casados, con las ventas de cosmeticos ha logrado hacer muchas cosas en su hogar poco a poco. las ventas en estos momentos estan un poco dificiles ya que la situacion economica que se atravieza en la zona es muy dificil, entonces lo que ella quiere es comprar mercadedia al por mayor para que a ella le salga mas barato el producto y asi tener mejores ganancias, pero necesita capital para poder invertir en dicha mercaderia, por tal razon esta solicitando el credito para poder salir adelante. su meta es poder tener una tienda completa con todos los productos que ella quiera vender y asi tener una mejor calidad de vida.







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Journal entries for Nely Argentina Bustillo


Loan has been disbursed
 
Entrepreneur: Nely Argentina Bustillo
Location: Danli, Honduras

Thank you for your loan. It has been disbursed to Nely Argentina Bustillo by Prisma Honduras, S.A. in Honduras. We are excited to watch this business grow. Over the 10 months of this loan, Prisma Honduras, S.A. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Danli, Honduras
May 21, 2009
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Kiva Help Repayment Schedule for Nely Argentina Bustillo

  Expected Repayments Actual Repayments Comments
August 2009 $55.00 $44.00 Repayment Received
September 2009 $55.00 $44.00 Repayment Received
October 2009 $55.00 $44.00 Repayment Received
November 2009 $55.00 $44.00 Repayment Received
December 2009 $55.00 $44.00  
January 2010 $55.00 Available Jan 1  
February 2010 $55.00 Available Feb 1  
March 2010 $55.00 Available Mar 1  
April 2010 $55.00 Available Apr 1  
May 2010 $55.00 Available May 1