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Nelly Yesenia

Update on Nelly Yesenia

For Nelly, the need has developed for more working capital to continue investing in her business of selling telephones. This will allow her to buy a variety of cell phones and spare parts and accessories for them.

The previous loan helped her to increase her sales, expand her inventory, and obtain better income. Her economic conditions and family circumstances have improved.
View original language description ↓
Nelly, se le presenta la necesidad de mas capital de trabajo para seguir invirtiendo en el negocio de venta de teléfonos; este le permitirá comprar variedad de celulares, repuestos y accesorios para ellos.
El crédito anterior la ha ayudado a incrementar las ventas, aumentar los inventarios y obtener mejores ingresos; las condiciones económicas y las circunstancias familiares han mejorado.

Previous Loan Details

Nelly is applying for a new loan because she wants to benefit from the holiday season in order to improve her business by purchasing new merchandise: new cell phones, cases, rechargers, and cell phone accessories. This will permit her to stock the business in order to serve the demands of her cu... More from Nelly Yesenia's previous loan »

Additional Information

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 El Salvador

  • $4,900
    Average annual income
  • 433
    View loans »
    El Salvador Loans Fundraising
  • $22,826,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $250 helped Nelly Yesenia to buy a variety of cellular phones and spare parts and accessories for them.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 19, 2013
Currency Exchange Loss:
N/A
Ended:
May 18, 2014