Nelly


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: Nelly
Location: Juliaca, Peru
Activity: Machine Shop

About the Loan

Loan Amount: $650.00
Loan Use: To purchase a greater quantity of metal.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 8, 2009
Date Disbursed: Dec 18, 2008
Date Funded:Jan 8, 2009
Loan Ended:Jul 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1300 PEN = 1 USD



Nelly is 22 years old and lives with her partner in her mother-in-law’s home. For three years, she has dedicated herself to making metal parts for mototaxis, tricycles, etc. at her partner’s side, with whom she works in this business. Nelly is a very hard-working woman, who always puts forth great effort to getting ahead and she knows that she can accomplish this along with her partner if they continue working as they have been. They put great energy into their business, working from 8 am until they finish which can be 7 pm or 8 pm at night. Nelly finds herself in her seventh loan with Microfinanzas Prisma, and she is very prompt with her payments. Demand is high, which is why Nelly wants to expand her business by purchasing a greater quantity of metal.

Translated from Spanish by Mary Lynn Malaby, Kiva Volunteer


Nelly tiene 22 años, vive con su pareja en la casa de su suegra. Se dedica a la elaboración de carrocerías para mototaxi, triciclos etc., desde hace ya 3 años al lado de su pareja con quien trabaja en este negocio. Nelly es muy trabajadora, siempre le pone muchas ganas a querer salir adelante y sabe que al lado de su pareja podrá lograrlo si siguen trabajando juntos como lo han venido haciendo, ya que le ponen mucho empeño a su negocio, realizándolo desde las 8 de la mañana hasta que terminen, que suele demorar hasta aproximadamente las 7 u 8 de la noche. Nelly se encuentra en su sétimo préstamo con Microfinanzas Prisma, siendo muy puntual en los pagos. La demanda es buena, es por eso que Nelly quiere expandir el negocio comprando mayor cantidad de metal.

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Journal entries for Nelly


Loan has been disbursed
 
Entrepreneur: Nelly
Location: Juliaca, Peru

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


Posted by from Juliaca, Peru
Jan 9, 2009
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Nelly vende también muebles.
 
Entrepreneur: Nelly
Location: Juliaca, Peru

Con el crédito que le concedió Microfinanzas PRISMA, Nelly compró más materiales para elaborar nuevas carrocerías y darle a su actividad un poco más de ingresos. Desde entonces su negocio esta mejor que antes, y más aún que Nelly amplió el negocio con la venta de muebles ya que considera que es más rentable. Por todo ello no deja de agradecer a todos ustedes que le brindaron este préstamo y de esa manera ha podido generarse otro ingreso más. Asimismo agradece a las socias de su banco comunal, que le aconsejaron en la incursión de este nuevo negocio. Nelly desea mas adelante establecer su dos trabajos ya que su mayor anhelo es que pueda brindar a su familia la oportunidades que merece.


Posted by Betsabé Bruno Morales from Juliaca, Peru
Oct 21, 2009
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Kiva Help Repayment Schedule for Nelly

  Expected Repayments Actual Repayments Comments
March 2009 $108.22 $108.23 Repayment Received
April 2009 $108.22 $108.23 Repayment Received
May 2009 $108.22 $108.23 Repayment Received
June 2009 $108.22 $108.22 Repayment Received
July 2009 $108.22 $108.22 Repayment Received
August 2009 $108.90 $108.87 Repayment Received