Julian Baltasar Galarza


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Julian Baltasar Galarza
Location: Tarma, Peru
Activity: Cattle

About the Loan

Loan Amount: $225.00
Loan Use: Invest in the improvement of the quality of his beef cattle.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 17, 2008
Date Disbursed: Oct 1, 2008
Date Funded:Sep 17, 2008
Loan Ended:May 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9700 PEN = 1 USD



Julian is 27 years of age, and he lives with his wife and two children, ages 10 and 5. He is a livestock breeder; he has little cows which he breeds and grazes every morning. He has been doing this for the past 5 years and considers it very profitable. He takes his livestock to the pastures every morning for nourishment. Then, after caring for them for several months, he takes them to be sold, but this phase is complicated due to transportation issues. Because he does not own his own vehicle, he must adjust to the schedules and prices that are offered to him. He also sporadically ventures into agriculture, but he does not do this full-time because he believes that times have changed considerably like for it to be a satisfactory occupation.

Julian’s two children are his reason for continuing his efforts as a livestock breeder and farmer. Today, he wishes to invest in the improvement of his beef cattle, which is more profitable in the markets.

Translated from Spanish by Evelyn Garcia, Kiva Volunteer


Julián tiene 27 años, vive con su esposa y sus dos hijos de 10 y 5 años.
Es ganadero, tiene vaquitas a las que cría y pastea todas las mañanas, actividad que viene realizando desde hace 5 años y considera rentable.Esta actividad le toda la mañanas para llevarlos a los pastizales a que se alimenten, luego de haberlos cuidado durante varios meses, los lleva a vender, etapa que se hace complicada por motivos del transporte, al no tener un propio vehículo, debe amoldarse a los tiempos y precios que le ofrezcan.Esporádicamente también se dedica a la agricultura, pero no lo hace de lleno, porque considera que los tiempos han cambiado mucho para que sea una labor satisfactoria.
Julián tiene en sus dos hijos, sus motivos de seguir luchando como ganadero y agricultor.
Ahora, desea invertir en la mejora de su ganado vacuno, los cuales son más rentables en los mercados.

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Journal entries for Julian Baltasar Galarza


Loan has been disbursed
 
Entrepreneur: Julian Baltasar Galarza
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Julian Baltasar Galarza by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the next 6 months, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tarma, Peru
Oct 1, 2008
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Kiva Help Repayment Schedule for Julian Baltasar Galarza

  Expected Repayments Actual Repayments Comments
January 2009 $37.50 $37.50 Repayment Received
February 2009 $37.50 $37.50 Repayment Received
March 2009 $37.50 $37.50 Repayment Received
April 2009 $37.50 $37.50 Repayment Received
May 2009 $37.50 $37.50 Repayment Received
June 2009 $37.50 $37.50 Repayment Received