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Nelly

Update on Nelly

Nelly is a member of the Llapanchik communal bank. She is 39 years old, married, and she has a son. She has been a member of FINCA Perú for five years.

She devotes herself to passenger transportation from the neighborhood where she lives to the local market.

She tells us that her experience as a member of FINCA Péru has been very good. This is because they grant loans with which the women are able to undertake a business. Her dream is to buy her own house.

She will use the requested loan for maintenance on her vehicle in order to be able to continue transporting passengers.
View original language description ↓
Nelly es socia del Bancomunal Llapanchik y tiene 39 años de edad, es casada y madre de un hijo varón. Es socia de FINCA Perú hace 5 años y se dedica al transporte de pasajeros desde el vecindario donde vive hasta el mercado local. Ella nos manifiesta que su experiencia como socia de FINCA Perú ha sido muy buena ya que brindan préstamos con los cuales las mujeres pueden emprender un negocio. Su sueño es comprar su casa propia. El préstamo que solicita lo invertirá en el mantenimiento de su vehículo para que pueda seguir con el transporte de pasajeros.

Previous Loan Details

Nelly is a member of the Banco Comunal Llapanchik (which means all together in quechua). Nelly is 36 years old and has one child. She has a bodega in a rented space on the avenue in front of the sports complex in the city of Ayacucho where she sells sweets, vegetables, meats, beverages, and small... More from Nelly's previous loan »

Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $6,715
    Average annual income
  • 101
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Nelly to provide maintenance on her vehicle in order to be able to continue transporting passengers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 20, 2012