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Fredy
Fredy is 42 years old and he lives with his wife and their 4 children in a house that they own. He has been providing public transportation for the past 5 years and he has his own car for the business. Prior to this business he was an agriculturist and a farmer raising livestock in the fields. But his dreams of self-improvement motivated him to get his own car and today he provides public transportation.

Since then he has been covering an urban route in the city. With time he has managed to have a profit and it helps him to support his family. But he has not left his previous occupation so he also faced with the expenses of the plantation and with the purchase of livestock. But his greatest goal is to acquire another car.

This is his first loan with MFP (Kiva Field Partner) and he says that this loan will be of great use and he is thankful for the support. He is committed to be on time with his payments. He will invest a portion of the loan which he requests in carrying out maintenance repairs and to purchase spare parts for his car, he will also purchase sheep.
View original language description ↓
Fredy tiene 42 años, vive con su esposa y sus 4 hijos en su casa que es propia. Hace más de 5 años que ofrece el servicio de transporte, para ello cuenta con su propia movilidad, ya que antes se dedicaba a la agricultura y crianza de animales en el campo, pero sus deseos de superación lo llevaron a adquirir su propia movilidad, y hoy ofrece el servicio de transporte. Desde entonces cubre la ruta urbana de su ciudad, con el tiempo ha logrado tener ganancias, que le ayudan en el sostén de su familia. Asimismo no descuida su antigua labor, y debe también afrontar los gastos tanto en la siembra y en la compra de animales. Pero su mayor anhelo es adquirir otro carro más. Es su primer crédito que tiene con MFP, considera que este préstamo es de gran utilidad y agradece por el apoyo con su compromiso de ser puntual en sus pagos. Con el crédito que solicita, lo invertirá una parte para el pago del mantenimiento mecánico y el pago de repuestos para su carro así como también en la compra de ovejas.

About Peru

  • $12,000
    Average annual income
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Fredy to carry out maintenance repairs to his car, to buy spare parts, and to also purchase sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012