Jorge Luis Celso Chumpitaz Mena


Status: Paying Back

$425.00   Loan Amount
6% repaid

About the Entrepreneur

Name: Jorge Luis Celso Chumpitaz Mena
Location: Ciudad Eten - Chiclayo, Peru
Activity: Transportation

About the Loan

Loan Amount: $425.00
Loan Use: Vehicle repair and maintenance
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 3, 2009
Date Disbursed: Sep 2, 2009
Date Funded:Sep 4, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9400 PEN = 1 USD



Jorge Luis is 28, married, and lives with his wife and four-month son in his parents' house, which is located in the district of Ciudad Eten, twenty-minutes from the city of Chiclayo.

For two years he has transported cargo and passengers in his moto taxi (a three-wheeled motorized vehicle). He works all day on his vehicle and with the money he gains he supports the costs of his household.

The continual use of the vehicle has caused some damage to the engine. For this reason, Jorge Luis finds him himself asking our institution for his first loan of 1200 soles to invest in the repair and maintenance of his means of work.

His greatest desire is to buy a piece of land and to build a house there so he can live together with his family. His neighbors consider him a happy and responsible young man who works arduously every day to support his family.

Translated from Spanish by Lydia Brantley, Kiva Volunteer


Jorge Luis tiene 28 años de edad, es casado, y vive junto a su esposa y su pequeño hijo de cuatro meses de nacido en la casa de sus padres que está ubicada en el distrito de Ciudad Eten, a 20 minutos de la ciudad de Chiclayo.

Desde hace dos años se dedica al trasporte de carga y pasajeros en su mototaxi (vehículo motorizado de tres ruedas) durante todo el día trabaja en su vehículo y con lo recaudado sustenta los gastos económicos de su hogar.

El continuo uso ha hecho que el vehículo sufra algunos desperfectos en el motor, por este motivo se encuentra solicitando por primera vez a nuestra Institución un crédito de 1200 nuevos soles que piensa invertir en el arreglo y mantenimiento de su instrumento de trabajo.

Su más grande anhelo es comprarse un terreno y construir allí una casa en la que pueda vivir junto a su familia; sus vecinos lo consideran como un joven alegre y responsable que todos los dias trabaja arduamente para sacar adelante a su familia.

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Journal entries for Jorge Luis Celso Chumpitaz Mena


Loan has been disbursed
 
Entrepreneur: Jorge Luis Celso Chumpitaz Mena
Location: Ciudad Eten - Chiclayo, Peru

Thank you for your loan. It has been disbursed to Jorge Luis Celso Chumpitaz Mena by Edpyme Alternativa in Peru. We are excited to watch this business grow. Over the 12 months of this loan, Edpyme Alternativa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ciudad Eten - Chiclayo, Peru
Sep 5, 2009
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Journal Update for Jorge Luis Celso Chumpitaz Mena
 
Entrepreneur: Jorge Luis Celso Chumpitaz Mena
Location: Ciudad Eten - Chiclayo, Peru

Jorge Luis received a loan of 1200 Soles from Kiva in order to maintain his mototaxi.

With the microcredit he could perform the necessary repairs. Also, he has been able to pay the fees associated with formalizing a business and therefore guarantee freedom of movement in his district.

Now, he can earn a living and help his family with more tranquility since he has the full rights of a formal business owner. Additionally, he is now able increase his customer base. Jorge is very grateful to the Kiva Lenders because thanks to their help he has been able to secure a better future for his family.

---

Jorge Luis solicitó a Kiva un préstamo de 1200 nuevos soles que pensaba utilizar en el mantenimiento de su mototaxi.

Con el dinero otorgado pudo darle a su instrumento de trabajo el mantenimiento que necesitaba. También pudo poner en regla todos los documentos necesarios para otorgarle a su vehículo la legalidad correspondiente que garantice su libre circulación por el distrito en donde trabaja.

Ahora puede ganarse la vida y ayudar a su familia con más tranquilidad ya que tiene la garantía de una libre circulación, lo que le permite captar más clientes que soliciten sus servicios. El está muy agradecido con los prestamistas de Kiva porque gracias a su ayuda ahora puede asegurarle a su familia un futuro mejor.


Posted by Carlos Lizarzaburu Albitres from Ciudad Eten - Chiclayo, Peru
Oct 16, 2009
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Kiva Help Repayment Schedule for Jorge Luis Celso Chumpitaz Mena

  Expected Repayments Actual Repayments Comments
December 2009 $28.40 $28.40 Repayment Received
January 2010 $29.01 Available Jan 1  
February 2010 $30.71 Available Feb 1  
March 2010 $30.58 Available Mar 1  
April 2010 $33.60 Available Apr 1  
May 2010 $35.27 Available May 1  
June 2010 $35.64 Available Jun 1  
July 2010 $37.11 Available Jul 1  
August 2010 $38.89 Available Aug 1  
September 2010 $40.45 Available Sep 1  
October 2010 $41.96 Available Oct 1  
November 2010 $43.38 Available Nov 1