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Miguel
Miguel is a 44 year-old father who lives with his wife and two dependent children in Capote sector of Picsi district, 20 minutes from the city of Chiclayo.

The need to get ahead in spite of his family's financial limitations, led Miguel to start work as a builder 20 years ago. For the last 20 years, this has been Miguel's main source of support and it has helped him to get his family ahead in life. He has gradually become known in the trade and now his work is valued for the responsibility and efficiency with which it is carried out.

Owing to the high demand in his area, he also set up a business making unbaked bricks and regular bricks. This is helping him to make additional income. Currently he would like to buy material to expand his business and thereby improve his sales. For this reason, he is requesting a loan for 1,500 Peruvian soles from Edpyme Alternativa.

Miguel has already had a Kiva loan through Edpyme Alternativa and our seed money product. He used that money to acquire tools to improve his work as a builder. He is very grateful to the people who supported him.
View original language description ↓
Miguel es un padre de familia de 44 años de edad que reside junto a su esposa y sus dos menores hijos en el sector Capote del distrito de Picsi, ubicado a 20 minutos de la ciudad de Chiclayo.

La necesidad de salir adelante a pesar de las limitaciones económicas de su familia, le llevó a trabajar como obrero de construcción hace 20 años. Durante todo este tiempo esta actividad ha sido su principal fuente de sustento y le ha ayudado a sacar adelante a su familia. Poco a poco se ha ido haciendo conocido en el medio y ahora su trabajo es valorado por la responsabilidad y eficacia con la que es realizado.

Debido a la alta demanda en la zona ha instalado también un negocio de elaboración de adobes y ladrillos el cual le está ayudando a agenciarse de ingresos adicionales. Actualmente el desea adquirir material para ampliar su negocio y así aumentar sus ventas, por ello ha creído conveniente solicitar a Edpyme Alternativa un crédito de 1500 nuevos soles.

Miguel ya ha tenido un crédito anterior financiado por el fondo Kiva a través de Edpyme Alternativa y su producto Capital Semilla. En aquella oportunidad pudo adquirir herramientas para poder mejorar sus trabajos como obrero constructor. Por ello el se encuentra agradecido con las personas que le apoyaron.

About Peru

  • $6,715
    Average annual income
  • 126
    View loans »
    Peru Loans Fundraising
  • $56,122,950
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Miguel to buy material to expand his business making and selling unbaked bricks and regular bricks.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Dec 10, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2012