Aguedo Candelario Alejos Chavez


Status: Paying Back

$525.00   Loan Amount
5% repaid

About the Entrepreneur

Name: Aguedo Candelario Alejos Chavez
Location: José Leonardo Ortíz - Chiclayo, Peru
Activity: Personal Products Sales

About the Loan

Loan Amount: $525.00
Loan Use: Buy eyeglasses to expand his business.
Repayment Term: 17 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 10, 2009
Date Disbursed: Sep 9, 2009
Date Funded:Oct 7, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9200 PEN = 1 USD



Candelario is 40 years old, lives with his wife and two children in the town of Carlos Stein, district of José Leonardo Ortiz, located 5 minutes from the city of Chiclayo.

He and his wife are owners of an eyeglass sale and repair shop. They have a little place in the outer part of the Mercado Modelo de Chiclayo (the main market in the city) where they sell their products everyday; he also sells them in the weekends in the city of Ferreñafe. They buy their merchandise from the cities of Lima and Guayaquil (Ecuador).

Last year, they temporarily left the business to farm in the city of Tumbes, but things did not go well, so they came back to their eyeglass business. They want to buy more glasses to keep their business, which is why for the first time they are requesting a loan of 1500 soles.

His greatest wish for the future is to have a bigger place for their optical business and whatever profit they get, they hope to finish building their home and provide a better education to their young children.

Candelario is very well respected by his neighbors who consider him a very charismatic father, a fighter who is always ready to help in a moments notice.

Translated from Spanish by Mayra Duque, Kiva Volunteer


Candelario tiene 40 años de edad, vive junto a su esposa y sus dos hijos en el pueblo joven Carlos Stein, distrito de José Leonardo Ortiz, ubicado a cinco minutos de la ciudad de Chiclayo.

El y su esposa son propietarios de un negocio de reparación y venta de anteojos, tienen un pequeño puesto en los exteriores del Mercado Modelo de Chiclayo (el principal mercado de la ciudad), donde venden sus productos todos los días, también los vende los fines de semana en la ciudad de Ferreñafe, ellos compran su mercancía en la ciudad de Lima y en Guayaquil (Ecuador).

El año anterior dejaron temporalmente su negocio para dedicarse a la agricultura en la ciudad de Tumbes, pero no les fue bien, por lo que este año regresaron a continuar con su actividad habitual, actualmente desea invertir en la compra de más anteojos para mantener su negocio por lo que se encuentra solicitando por primera vez a nuestra Institución un crédito de 1500 nuevos soles.

Su anhelo más grande es crear a futuro una óptica en un local más amplio y con lo que perciba de este negocio terminar de construir su casa y brindarle una mejor educación a sus menores hijos.

Candelario es muy estimado por sus vecinos que lo consideran un padre de familia carismático, luchador y que siempre está dispuesto a ayudar en el momento que se le necesita.

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Journal entries for Aguedo Candelario Alejos Chavez


Loan has been disbursed
 
Entrepreneur: Aguedo Candelario Alejos Chavez
Location: José Leonardo Ortíz - Chiclayo, Peru

Thank you for your loan. It has been disbursed to Aguedo Candelario Alejos Chavez by Edpyme Alternativa in Peru. We are excited to watch this business grow. Over the 15 months of this loan, Edpyme Alternativa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from José Leonardo Ortíz - Chiclayo, Peru
Oct 8, 2009
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Kiva Help Repayment Schedule for Aguedo Candelario Alejos Chavez

  Expected Repayments Actual Repayments Comments
December 2009 $26.39 $26.39 Repayment Received
January 2010 $26.78 Available Jan 1  
February 2010 $28.53 Available Feb 1  
March 2010 $27.86 Available Mar 1  
April 2010 $31.37 Available Apr 1  
May 2010 $33.10 Available May 1  
June 2010 $31.49 Available Jun 1  
July 2010 $35.53 Available Jul 1  
August 2010 $36.09 Available Aug 1  
September 2010 $37.55 Available Sep 1  
October 2010 $38.78 Available Oct 1  
November 2010 $40.39 Available Nov 1  
December 2010 $41.89 Available Dec 1  
January 2011 $44.06 Available Jan 1  
February 2011 $45.19 Available Feb 1