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Nelson Timoteo
Nelson, who is 42 years old, is a good person, is responsible and of good moral character. He lives with his wife and three young children. Nelson owns his own sewing workshop, where he works as a tailor, manufacturing men's and boys' formal trousers and shirts. Nelson would like to expand his business by taking on more work. To produce more clothing, he will need more raw materials, which is why he is applying to INTEGRAL for a loan to buy fabric, buttons and thread, amongst other things. Nelson is convinced that this will enable him to increase his profits and allow him and his family to have a stable life.
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Nelson de 42 años de edad, es una buena persona, responsable y de excelente moral, vive junto a su esposa y tres hijos menores de edad. Nelson trabaja como sastre en su propio taller de costura donde se encarga de realizar pantalones formales para hombres y niños, como también camisas. Nelson desea que su negocio mejore adquiriendo más trabajo para lo que debe contar con mayor materia prima para elaborar más ropa, por lo que solicita un préstamo a INTEGRAL y de este modo poder comprar telas, botones e hilos entre otros más con lo que Nelson asegura podrá obtener mayores ganancias y tener una vida estable junto a su familia.

Additional Information

About Apoyo Integral

Apoyo Integral (Apoyo) is a nonprofit organization offering financial products that enable clients to increase their working capital, purchase fixed assets, buy and remodel homes, expand agricultural business and more. The organization’s target group is businessmen and women who have already established their businesses but need financial support to strengthen or expand them.

Like Kiva, Apoyo is committed to empowering women involved in business activities in rural areas. Kiva lenders’ funds will be used to expand these services to an even greater number of poor clients in rural areas.

About El Salvador

  • $4,900
    Average annual income
  • 600
    View loans »
    El Salvador Loans Fundraising
  • $21,986,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $400 helped Nelson Timoteo to buy fabric and thread for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013