Ramiro Artimidoro Alvarez Castillo

Status: Paying Back

$350
Loan Request
Pre-Disbursed : Oct 22, 2009
Listed: Nov 12, 2009
Funded: Nov 13, 2009
14% repaid

About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8700 PEN = 1 USD


About the Loan

Location: Paijan - Ascope - La Libertad, Peru   Repayment Term: 14 months
(more info)
Activity: Furniture Making   Repayment Schedule: Monthly
Loan Use: To repair and service carpentry machinery.   Currency Exchange Loss: Possible
      Default Protection: Covered

Ramiro, 58, lives with his wife and youngest of his 7 children in the Paiján district, Ascope province, La Libertad region, which is located 3 hours away from the city of Chiclayo. He has been a carpenter for the past 40 years having learned his skill from a friend of his parents. He has supported his family all this time through this work. He is very proud that most of his children are now adult and fulfilled. During this time he has manufactured doors and beds based on orders placed by his customers. He receives orders not only from nearby residents but also from other nearby cities. The constant use of his machinery has caused some of it to start to fail and this has brought him to seek financing for the first time from Edpyme Alternativa in the form of a 1000 new sol loan to repair and service those that need it. He is a very responsible and hard-working father. His greatest wish is to begin to make furniture independently so that he can sell it in nearby cities.

Translated from Spanish by Michael Bujazan, Kiva Volunteer


Ramiro es un padre de familia de 58 años de edad que vive junto a su esposa y el último de sus siete hijos en el distrito de Paiján, provincia de Ascope, en la región La Libertad, ubicada a 3 horas de la ciudad de Chiclayo.

Desde hace 40 años se dedica a la carpinteria, aprendió el oficio de un amigo de sus padres. Con este negocio el ha sustentado a su familia durante todo este tiempo y los ha sacado adelante. El se siente muy orgulloso ahora que la mayoria de sus hijos ya son mayores y están realizados.

Durante todo este tiempo ha fabricado puertas y camas en base a diversos pedidos hechos por sus clientes. El recibe diversos pedidos no sólo de pobladores de la zona sino que también de ciudades cercanas.

El continuo uso dado a sus máquinas ha hecho que algunas empiecen a fallar por lo que se ha visto en a necesidad de solicitar por primera vez a Edpyme Alternativa un crédito de 1000 nuevos soles para brindarles el mantenimiento y reparación que necesitan.

Es es un padre responsable y muy trabajador. Su más grande ahelo es empezar a fabricar muebles de manera independiente para empezar a venderlos en las ciudades cercanas.

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Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

Lindsay
Charleston, SC
United States

Leon
Brisbane, Queensland
Australia

Pat
Ennis, Clare
Ireland

Big Fresh
Bellingham, WA
United States

Paul
Los Angeles, CA
United States

Anonymous
San Francisco, CA
United States

Jaedon
Leeds, West Yorkshire
United Kingdom

Paul & Julia
Valparaiso, IN
United States

Jeremy Ley
Melbourne, Victoria
Australia



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Common Interest
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Journal entries for Ramiro Artimidoro Alvarez Castillo


Loan to Ramiro Artimidoro Alvarez Castillo in Peru has been 100% funded
 
Entrepreneur: Ramiro Artimidoro Alvarez Castillo
Location: Paijan - Ascope - La Libertad, Peru

Thanks to you and 9 other Kiva Lenders, the 350.00 loan requested by Ramiro Artimidoro Alvarez Castillo in Peru has been 100% funded. The loan will be used for the purpose of: To repair and service carpentry machinery..

Over the months of this loan, Kiva’s Field Partner in Peru, Edpyme Alternativa, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Paijan - Ascope - La Libertad, Peru
Nov 13, 2009
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Journal Update for Ramiro Artimidoro Alvarez Castillo
 
Entrepreneur: Ramiro Artimidoro Alvarez Castillo
Location: Paijan - Ascope - La Libertad, Peru

Ramiro había solicitado al fondo Kiva un crédito de 1000 nuevos soles que pensaba utilizar en la reparación y mantenimiento de las máquinas que utiliza en su trabajo como carpintero.

Gracias al dinero recaudado, pudo darle a sus máquinas el mantenimiento que necesitaba y el ritmo de producción de su negocio volvió a la normalidad. Ramiro sigue confeccionando sus productos y ahora puede seguir cumpliendo con los pedidos que le solicitan.

Ramiro se encuentra muy agradecido con las personas que colaboraron con el a través del programa Kiva. Este préstamo le sirvió de incentivo para seguir adelante. En la fotografía nos muestra una puertas ya listas para ser entregadas.


Posted by Carlos Lizarzaburu Albitres from Paijan - Ascope - La Libertad, Peru
Jan 8, 2010
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Kiva Help Repayment Schedule for Ramiro Artimidoro Alvarez Castillo

  Expected Repayments Actual Repayments Comments
January 2010 $23.71 $23.71 Repayment Received
February 2010 $25.59 $25.59 Repayment Received
March 2010 $25.74 Available Mar 1  
April 2010 $26.60 Available Apr 1  
May 2010 $28.29 Available May 1  
June 2010 $28.43 Available Jun 1  
July 2010 $29.16 Available Jul 1  
August 2010 $30.70 Available Aug 1  
September 2010 $31.52 Available Sep 1  
October 2010 $32.31 Available Oct 1  
November 2010 $33.57 Available Nov 1  
December 2010 $34.38 Available Dec 1