Rubén David Sanchez Agapito


Status: Paying Back

$525.00   Loan Amount
6% repaid

About the Entrepreneur

Name: Rubén David Sanchez Agapito
Location: Valle Hermoso - Monsefú - Chiclayo, Peru
Activity: Agriculture

About the Loan

Loan Amount: $525.00
Loan Use: To buy fertilizers and sprays to maintain lettuce and onion crops
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 22, 2009
Date Disbursed: Sep 8, 2009
Date Funded:Sep 22, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9250 PEN = 1 USD



Rubén is 26 years old and lives with his wife and three children in his in-law´s house in the village of Valle Hermoso near the Monsefú district which is 20 minutes outside the city of Chiclayo.

He has been committed to farming for his whole life. When he was young he helped his father with this kind of work and now he´s starting to earn his own living. One month ago he started renting his own piece of land where he´s planted onions and lettuce.

He also owns a mototaxi, a small vehicle for transporting cargo and people. He uses the money earned from his mototaxi to cover some of the daily household expenses since right now there is no income from his farm like there will be during harvest.

To continue improving his crops, Rubén is requesting a loan of 1500 new soles from Edpyme Alternativa for the first time. He plans on investing it in fertilizers and sprays so he can get a better harvest.

Rubén dreams of having his own land where he can plant his crops and move his family forward. He is a hard worker and has already started building his own house in a little village near his crops. His neighbors consider him a very helpful, honorable and responsible young man.

Translated from Spanish by Sierra Visher, Kiva Volunteer


Rubén tiene 26 años de edad, vive con su esposa y con sus tres hijos en casa de sus suegros en el caserío Valle Hermoso, cercano al distrito de Monsefú, ubicado a 20 minutos de la ciudad de Chiclayo.

El se ha dedicado a la agricultura durante toda su vida, desde pequeño ha apoyado a su padre en esta labor y ahora está empezando a ganarse la vida él mismo, hace un mes ha arrendado (alquilado) un terreno en donde ha sembrado cebollas y lechugas.

Es propietario de una mototaxi (vehículo motorizado para transporte de carga y pasajeros) con la que trabaja para solventar los gastos diarios de su hogar, ya que por el momento no percibe ingresos por la agricultura hasta la época de cosecha.

Para seguir sacando adelante su cultivo, Rubén se encuentra solicitando por primera vez a Edpyme Alternativa un crédito de 1500 nuevos soles que piensa invertir en la compra de fertilizantes y foliares para obtener una buena producción.

Rubén sueña con tener sus propias tierras en las que pueda sembrar para sacar adelante a su familia, el es muy trabajador y ya está construyendo su casa en un caserío cercano a la zona donde siembra, sus vecinos lo consideran un joven muy servicial, honrado y responsable.

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Journal entries for Rubén David Sanchez Agapito


Loan has been disbursed
 
Entrepreneur: Rubén David Sanchez Agapito
Location: Valle Hermoso - Monsefú - Chiclayo, Peru

Thank you for your loan. It has been disbursed to Rubén David Sanchez Agapito 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 Valle Hermoso - Monsefú - Chiclayo, Peru
Sep 23, 2009
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Kiva Help Repayment Schedule for Rubén David Sanchez Agapito

  Expected Repayments Actual Repayments Comments
December 2009 $34.39 $34.39 Repayment Received
January 2010 $35.82 Available Jan 1  
February 2010 $37.93 Available Feb 1  
March 2010 $39.46 Available Mar 1  
April 2010 $40.53 Available Apr 1  
May 2010 $43.59 Available May 1  
June 2010 $44.04 Available Jun 1  
July 2010 $45.53 Available Jul 1  
August 2010 $48.32 Available Aug 1  
September 2010 $49.98 Available Sep 1  
October 2010 $51.72 Available Oct 1  
November 2010 $53.69 Available Nov 1