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Juan

Update on Juan

Juan, who is 46 years old, lives with his wife and children in their own house. The house, which does not have basic services (utilities), is located in the rural zone of the district of Tambogrande, which belongs to the Piura department. In this zone people work in agriculture, livestock-raising, and handicrafts.

For several years Juan has raised and sold barnyard animals (sheep, pigs, and poultry). His pens are located behind his house, and they are suitable and big enough. He feeds the animals with balanced feed and natural grains so that they have an ideal growth and he can offer them for sale at the different markets in the zone and thus obtain good earnings to pay his family obligations.

He has applied to Edpyme Alternative for a loan of 1000 PEN for the purchase of balanced feed to produce healthy animals. With the earnings that he will obtain from the sale of his animals, he will be able to cover his loan as well as have a better quality of life. Juan is a person who with effort and much determination has known how to raise his family and offer his children other opportunities in life.
View original language description ↓
Juan de 46 años de edad, vive con su esposa e hijos en su casa propia, no cuenta con servicios básicos, ubicada en la zona rural del distrito de Tambogrande que pertenece al departamento de Piura. Esta zona se dedica a la agricultura, ganadería y artesanía.

Juan desde hace algunos años se dedica a la crianza y venta de animales de corral (ovejas, cerdos y aves), sus corrales se encuentra en la parte posterior de su casa, los cuales son apropiados y amplios, los alimenta con comida balanceada y granos naturales para que sus animales lleguen a tener un crecimiento ideal para poderlos ofrecer en los diferentes mercados de la zona y así obtenga buenas ganancias para solventar sus obligaciones familiares.

Ha solicitado un préstamo a Edpyme Alternativa de 1000 nuevos soles para la compra de alimento balanceado y sanidad de sus animales, con las ganancias que obtenga con la venta de sus animales podrá cubrir su crédito como tener una mejor calidad de vida. Juan es una persona que con esfuerzo y mucho empeño a sabido sacar a su familia adelante y brindarle otras oportunidades en la vida a sus hijos.

Previous Loan Details

Juan is forty-five years old. He lives with his wife and their five children in their own home in Tambogrande in the province of Piura. Tambogrande is a primarily rural zone which consists of farmers squeezing a living out of the desert valleys through skillful use of irrigation systems. The... More from Juan's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $6,715
    Average annual income
  • 121
    View loans »
    Peru Loans Fundraising
  • $55,277,200
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Juan to buy balanced feed and raise healthy animals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012