Enrique Alfredo

Status: Paid Back

$1,200.00		Loan Request
$1,200.00		Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)

Name:	Enrique Alfredo
Location:	Huancayo, Peru
Activity:	Farming

About the Loan

Loan Amount:	$1,200.00
Loan Use:	buy organic fertilizer and pay workers who will help with the planting
Repayment Term:	9 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 5, 2008
Date Disbursed:	Aug 21, 2008
Date Funded:	Aug 7, 2008
Loan Ended:	Apr 15, 2009

About the Field Partner

Field Partner:

Microfinanzas Prisma

Field Partner Risk Rating:

(Learn more)

Active

28 months

6828

$3,330,175

0.01%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Peru
Avg Annual Income:	$6,715.00
Currency:	Peru Nuevos Soles (PEN)
Exchange Rate:	2.8250 PEN = 1 USD

Enrique is a hard working, 46 year old man who has considerably improved his economic situation due to growing potato. He feels happy to have the privilege of being a father to 7 children, today he takes care of the three youngest children. He grows a native variety of potato and sells them at wholesale to a food processor who makes french fries. He is saving money in order to become a taxi driver in the future, when his efforts in the field no longer are fruitful. In order to have a successful harvest, he is asking for a loan to buy sacks of organic fertilizer and hire workers to help him with the planting.

Translated from Spanish by Cindy Kendall, Kiva Volunteer

Enrique es un hombre trabajador y esforzado, a sus 46 años ha mejorado considerablemente su situación económica debido al cultivo de la papa, se siente feliz de tener el privilegio de ser padre de 7 hijos, ahora cuida de los tres últimos.Siembra papa de la variedad Nativa, las que vende al por mayor a una empresa agroindustrial que elabora papas fritas, está ahorrando para en un futuro dedicarse al transporte de pasajeros, cuando sus fuerzas en el campo ya no resistan.Para tener una cosecha exitosa, solicita este préstamo para la compra de sacos de abono, a su vez contratar personal que le ayuden en la siembra.

Lenders to this entrepreneur

nancy
EAST FALMOUTH, MA
United States

Amy

Anonymous
Santa Clara, CA
United States

Diane & Stephen
Bakersfield, CA
United States

Macarena
Irvine, CA
United States

Darcy
Phoenix, AZ
United States

Dan
Washington, DC
United States

Dave
Antelope, CA
United States

Holland
Bellflower, CA
United States

Tor Einar
Vestfossen, Norway
Norway

Andreas & Knut (Germany)
Köln,
Germany

Niels
Hilversum,

Claudia and Wolfgang
Bonn,
Germany

Liz
Darwin, Northern Territory
Australia

Mark
Essendon, Victoria
Australia

Small Potatoes
KivaFriends.org, West Chicago, IL
United States

Authentic Jobs
Salt Lake City, UT
United States

Holly
Silver Spring, MD
United States

Julie Ann
Anchorage, Alaska
United States

He Just Laughs
Jersey City, NJ
United States

Christopher
Las Cruces, NM
United States

Liz and Neil

Rick
Sunnyvale, CA
United States

Edward
Windsor, Ontario
Canada

Vanessa & Florian
Kelsterbach,
Germany

Anita
KivaFriends.org, Raleigh, NC
United States

Daniela
Horní Suchá,
Czech Republic

Fer
Zuidlaren,
Netherlands

Anonymous
Geneve,
Switzerland

Marc
Winter Park, FL
United States

Carolyn
Grand Rapids, MI
United States

Terence
Warnbro, Western Australia
Australia

dario
verona, NJ
United States

Paul
Snyder, NY
United States

James
Winston Salem, NC
United States

John
Groningen,
Netherlands

David
Elk Grove, CA
United States

Journal entries for Enrique Alfredo

Loan has been disbursed Entrepreneur: Enrique Alfredo Location: Huancayo, Peru Thank you for your loan. It has been disbursed to Enrique Alfredo by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 7 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Huancayo, Peru Aug 21, 2008
Comments (1)

Mejoró la prodcucción de papa. Entrepreneur: Enrique Alfredo Location: Huancayo, Peru Con el crédito que recibió Enrique, compró sacos de abono y papa para su siguiente siembra aprovechando la temporada de cultivo. Por lo que le dio el cuidado previo aplicando el abono es sus siembras, desde entonces quedó satisfecho con la cosecha, sin embargo no logró muchas ganancias debido a la baja de precio de este tubérculo llegando solo a recuperar la inversión. Es así que Enrique agradece a todas las personas que le dieron el préstamo ya que le permitió mejorar su producción de papa. Por el momento desea continuar con esta actividad ya que tiene la seguridad de progresar además de intensificar también en la producción de vegetales para complementar su agricultura.
Posted by Betsabé Bruno Morales from Huancayo, Peru Nov 10, 2009
Comment on this entry

Repayment Schedule for Enrique Alfredo

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2008	$171.43	$172.00	Repayment Received
December 2008	$171.43	$172.00	Repayment Received
January 2009	$171.43	$170.29	Repayment Received
February 2009	$171.43	$171.43	Repayment Received
March 2009	$171.43	$171.43	Repayment Received
April 2009	$171.43	$171.43	Repayment Received
May 2009	$171.42	$171.42	Repayment Received