Nelly Ruth Guerra De Donayre

Status: Paid Back

$300.00		Loan Request
$300.00		Paid Back

About the Entrepreneur

Name:	Nelly Ruth Guerra De Donayre
Location:	Puente Piedra, Peru
Activity:	Catering

About the Loan

Loan Amount:	$300.00
Loan Use:	To finish setting up her kitchen and living room for dinner clients, plus meal ingredients
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Oct 24, 2008
Date Disbursed:	Nov 7, 2008
Date Funded:	Oct 24, 2008
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

EDAPROSPO

Field Partner Risk Rating:

(Learn more)

Active

22 months

1823

$540,625

2.61%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Peru
Avg Annual Income:	$6,715.00
Currency:	United States Dollars (USD)

With years of experience in the sale of prix fixe meals for the people of her neighborhood and some sporadic clients, Señora Nelly and her family have found a great opportunity in the construction of hundreds of apartments that will be put up in their neighborhood, including hundreds of workers. This is where she started to build her business. She has almost concluded a contract with the engineers to supply lunches to the majority of the workers in the upcoming months. Having to buy candles, ingredients for the meals, plus putting together her kitchen with larger cookers, is why she needs this loan of $300, something she, her husband, and her 3 minor children are longing to do.

Translated from Spanish by Susan Sanford, Kiva Volunteer

Con años de experiencia en la venta de menúes para gente de su barrio y uno que otro cliente esporádico, la señora Nelly junto con su familia han visto una gran oportunidad en la construcción de cientos de departamentos que se harán en su barrio, lo que incluye cientos de trabajadores y es ahí donde entraría a tallar el negocio de la señora: está casi cerrado un contrato con los mismos ingenieros para abastecer de almuerzos a gran parte de los trabajadores en los próximos meses.

Teniendo que comprar tapers, insumos para la preparación de sus comidas e implementar su cocina en sí y con ollas más grandes, es que requiere del préstamo de 900 soles, algo que ansía junto con sus 3 menores hijos y esposo.

Lenders to this entrepreneur

Helen
San Rafael, CA
United States

jack
shepherdstown, WV
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Emma
Perth, Western Australia
Australia

Top Lending Teams for this entrepreneur

Cooper Union
Colleges/Universities
19 Members

Journal entries for Nelly Ruth Guerra De Donayre

Loan has been disbursed Entrepreneur: Nelly Ruth Guerra De Donayre Location: Puente Piedra, Peru Thank you for your loan. It has been disbursed to Nelly Ruth Guerra De Donayre by EDAPROSPO in Peru. We are excited to watch this business grow. Over the next 4 months, EDAPROSPO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Puente Piedra, Peru Nov 8, 2008
Comment on this entry

Update on your loan administered by Kiva Field Partner EDAPROSPO Entrepreneur: Nelly Ruth Guerra De Donayre Location: Puente Piedra, Peru During a routine audit of Field Partner EDAPROSPO, Kiva discovered a number of discrepancies between the information posted to the Kiva website and what actually occurred on the ground. Specifically, many loans uploaded to the website before December 2008 contain inaccurate loan amounts, terms and/or loan uses. This is in violation of Kiva policy, and as such, as soon as we were alerted to a possible violation we placed EDAPROSPO on "pause." After placing them on pause, Kiva proceeded to execute a complete verification of every loan EDAPROSPO posted to the Kiva website; in total we examined 757 loans. As a result of our audit, we have discovered that 52% of the loans posted to the Kiva website by field partner EDAPROSPO contain data inaccuracies. 98% of these inaccuracies pertain to loans posted to the Kiva website before December 2008, when EDAPROSPO was under a different management team. After significant management turnover at the end of 2008, almost all loans on the Kiva website contain complete and accurate information and these loans comprise only 2% of the total discovered inaccuracies. You are receiving this email as we wanted to alert you that, after our verification efforts, Kiva cannot confirm that the specific loan you funded was actually disbursed. We can, however, confirm that the person you lent to is an EDAPROSPO borrower. Because EDAPROSPO has decided to guarantee all loans made on Kiva, you have continued to receive repayments on schedule. Because the new management team has proven that they are committed to providing accurate and transparent information to the Kiva website, and because they have repaid almost all of the inaccurate loans on-time, Kiva has decided to re-open the Kiva-EDAPROSPO relationship. During this new "pilot" phase on Kiva, we will be working closely with the new EDAPROSPO team, including their internal and external auditors, to continually verify new EDAPROSPO loans posted to Kiva, and if we are alerted to any new inaccuracies we will pause their relationship with Kiva and follow-up accordingly. If you have any questions, please visit Kiva's Help Center at http://www.kiva.org/about/help.
Posted by Michelle May Kreger, Kiva Staff, from San Francisco, United States Jul 11, 2009
Comments (30)

Repayment Schedule for Nelly Ruth Guerra De Donayre

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	Expected Repayments	Actual Repayments	Comments
February 2009	$75.00	$75.00	Repayment Received
March 2009	$75.00	$75.00	Repayment Received
April 2009	$75.00	$75.00	Repayment Received
May 2009	$75.00	$75.00	Repayment Received