Check out some available loans that are similar to this one!
Edwin Ivan

Update on Edwin Ivan

Iván is a young 24-year-old entrepreneur. He is a father of two and lives in a small developing community in the La Mantanza district of Morropón. Iván's job is to prepare land for sowing crops. He has offered this service for three years; it is in high demand in the area and he has an established clientele. Iván is requesting a loan of 1508 nuevo soles from Edpyme Alternativa to buy modern tools; his tools are deteriorating from use. He will also use the loan to fix up some of his tools. This will allow him to work at his best. Iván has a great desire to get ahead and wants to keep improving his work in order to improve his family's quality of life. This loan will allow him to continue working well.
He is a returning client and has always followed through responsibly with his promises.
View original language description ↓
Iván es un joven emprendedor de 24 años de edad. Es padre de dos niños y vive en una comunidad pequeña en vías de desarrollo en el distrito de La Matanza en Morropón. Iván se dedica a preparar el terreno para la siembra de productos agrícolas, este servicio lo brinda desde hace 3 años, y es un servicio muy requerido en la zona donde vive. Iván cuenta con clientes establecidos. Iván solicita a Edpyme Alternativa un crédito de 1508 Nuevos Soles para comprar herramientas modernas, ya que las que tiene se están deteriorando para preparación de tierras de cultivo y darle mantenimiento a las que tiene, y así poder desarrollar su trabajo de una manera óptima. Iván tiene muchos deseos de superación y desea seguir creciendo en su actividad para mejorar la calidad de vida de su familia. Este crédito le permitirá continuar el buen desarrollo de su labor.
Es cliente recurrente para nuestra institución cumpliendo responsablemente sus compromisos pactados.

Previous Loan Details

Ivan, an enterprising young man, is 23 and the father of a young child. He lives in a small rural community in the La Matanza district of Morropon. Ivan makes a living preparing land for planting. It's a necessary step for farmers in this region and Ivan has been doing it for 3 years. He ha... More from Edwin Ivan'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
  • 104
    View loans »
    Peru Loans Fundraising
  • $56,740,750
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Edwin Ivan to buy new tools for his farm-service business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 9, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012