Nelly

Status: Paid Back

$300.00		Loan Request
$300.00		Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name and location be undisclosed)

Name:	Nelly
Location:	Location Undisclosed, Peru
Activity:	Clothing Sales

About the Loan

Loan Amount:	$300.00
Loan Use:	To purchase police uniforms, patches for uniforms, and boots for her uniform supply store.
Repayment Term:	7 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Oct 23, 2008
Date Disbursed:	Nov 6, 2008
Date Funded:	Oct 23, 2008
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

FINCA Peru

Field Partner Risk Rating:

(Learn more)

Active

27 months

9340

$2,717,400

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Peru
Avg Annual Income:	$6,715.00
Currency:	Peru Nuevos Soles (PEN)
Exchange Rate:	3.0602 PEN = 1 USD

Nelly Delgado Salazar is a member of the community bank Fe, which means "Faith" in Spanish. Living with her husband and two children, Nelly runs her own police apparel store.

With her loan of 900 soles (~$300 USD) she will invest in her business by purchasing police uniforms, patches for uniforms, and boots. She places her orders and then travels to Lima to pick up her products. Nelly is currently saving her money so that she can buy a larger store. She thinks her current store is too small to hold all of her available products as well as new items that she plans to add in the future.

Lenders to this entrepreneur

Terence
Somewhere in, the UK
United Kingdom

Andrew and Christine
Te Aro, Wellington
New Zealand

Karen
Wayne, NJ
United States

B. Right
Narvik, KivaFriends.org
Norway

Geoff
Melbourne, Victoria
Australia

Dan Martell
Moncton, New Brunswick
Canada

Wendy
Clinton, MD
United States

Tara
Pickerington, OH
United States

Tom
Atlanta, GA
United States

Julia
KivaFriends.org, Pasadena, CA
United States

Doug
Zionsville, IN
United States

BlueAvocado
Austin, TX
United States

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Journal entries for Nelly

Loan has been disbursed Entrepreneur: Nelly Location: Location Undisclosed, Peru Thank you for your loan. It has been disbursed to Nelly by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 4 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Location Undisclosed, Peru Nov 7, 2008
Comment on this entry

Nelly Entrepreneur: Nelly Location: Location Undisclosed, Peru Nelly owns an apparel store where she sells police uniforms. She has used her loan of 900 soles to buy more goods to sell, such as patches and uniforms. The loan has also enabled her to create more capital for her business. Since she has received the loan she said that she is also feeling more tranquil. Nelly has been with Finca Peru for five years. During her time with the institution she has had greater economic stability and has been better able to support her family.
Posted by Patricia Zamudio Núñez from Location Undisclosed, Peru Apr 21, 2009
Comment on this entry

Repayment Schedule for Nelly

Show Advanced

	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