Check out some available loans that are similar to this one!
Nelson
Nelson is 55 years old. He lives in his own home with his wife Teresa who is 56 years old and his 5 grown-up children who also live with their respective families. Together they work hard every day to get ahead in life. This enterprising man has worked as a public transport driver for the past 30 years. He has also worked as a conductor and he says that he likes his work a lot because it has allowed him to get his children ahead in life and give them an education.

Over the years, Nelson has worked for a number of different companies and he is currently in the process of renting and buying a vehicle so that he can become self employed. What he doesn't like about being a driver is that many times he has to put up with his passengers' bad tempers since some of them are very overbearing. However he is satisfied because he works only one shift from 8 in the morning until 5 in the afternoon and he makes regular profits.

As Nelson is a man who has many hopes for the future, he is planning to set up a grocery store in his home as he would like to continue making progress.

This is the first loan which Nelson has had from MFP and he pledges to make his repayments in a timely manner because he doesn't want to let down the people who are providing this support which will allow him to continue with his plans to get ahead. Nelson plans to invest his loan in buying materials to refurbish his house since he would like to begin work on his wish to set up a business there.
View original language description ↓
Nelson, D. 55 años, vive en su casa que es propia al lado D. su esposa Teresa D. 56 años y sus 5 hijos que son mayores y además ellos viven con sus respectivas familias; juntos se esfuerzan a diario por salir adelante. Este emprendedor hombre se desempeña como chofer D. una movilidad D. transporte público desD. hace 30 años, además ha trabajado como cobrador y, dice que le entretiene mucho su labor ya que le ha permitido sacar adelante a sus hijos y brindarles educación. Durante todos estos años trabajó en diferentes empresas y en L. actualidad esta en el proceso D. alquiler y compra D. un vehiculo para lograr independizarse. Lo que no le gusta D. ser chofer es que muchas veces debe soportar el mal humor D. los pasajeros pues algunos son algo prepotentes, pero esta satisfecho pues trabaja solo un turno, desD. las 8 D. L. mañana hasta las 5 D. L. tarD. y obtiene regulares ganancias. Y como es un hombre con mucha expectativa para el futuro tiene planeado instalar una tienda D. comestibles en su casa ya que quiere continuar progresando. Es el primer crédito que tiene con MFP y promete pagar sus cuotas puntualmente pues no quiere quedar mal con las personas que hicieron posible este aporte que le permitirá continuar con sus planes D. salir adelante. Nelson tiene planeado invertir el crédito solicitado en L. compra D. materiales para refaccionar el piso D. su casa ya que quiere empezar con su anhelo que es instalar un negocio en ese lugar.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $6,715
    Average annual income
  • 84
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Nelson to refurbish his house so that he can create a sales establishment there.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2010
Listed
Nov 22, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011