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Franklin Giovanny
Franklin is 32 years old. He considers his work to also be a hobby because he really enjoys what he does. He rents sound systems and lights. On average he works 5 to 7 hours a day, working all week. He usually is able to offer his services to an average of 5 customers per week.

Franklin knows that this type of equipment is in high demand for rental for parties and special events; he also knows that you have to offer a good price to customers since there is a lot of competition for rental services in the city of Ica, Peru, which is where he is currently living and working. He is aware that it is good to always have a little extra money, which is why he also works as an assistant in a bakery.

With the help of this loan through Kiva Franklin will be able to add to the sound equipment he has. He wants to incorporate a computerized system, which is why he will buy a laptop and party lights. This will allow him to become more well known, not just in the city of Ica, but also in surrounding cities. With his profits he will invest in higher quality sound equipment and he also wants to own his own home.
View original language description ↓
Franklin es un hombre de 32 años, él considera como su pasatiempo el hecho de trabajar, debido a que disfruta mucho dedicarse a la actividad que realiza, la misma que consiste en el alquiler de sonidos y luces, esta actividad le demanda un promedio de 5 a 7 horas diarias, el desarrolla esta labor durante toda la semana y es así como logra poder ofrecer sus servicios a un promedio de 5 clientes.

Franklin sabe que este tipo de equipos son muy solicitados para fiestas o eventos especiales, también sabe que siempre hay que ofrecer un buen precio a sus clientes debido a la gran cantidad de competidores que existen en la ciudad de Ica, Perú, lugar en el que actualmente vive y trabaja. Él es consciente de que siempre hay que tener un dinero extra, es por esto que también trabaja como ayudante en una panadería.

Con la ayuda de los prestatarios Kiva, Franklin podrá realizar el equipamiento de su equipo de sonido, ya que quiere incorporarle un sistema computarizado, es por esto que realizará la compra de una laptop y brillos para sus luces, con esto logrará hacerse más conocido no solo en la ciudad de Ica, sino también a los alrededores de la misma. Con la ayuda de sus ingresos desea poder tener un equipo de sonido de lujo y a su vez poder lograr tener su propia casa.

Additional Information

About Caja Rural Señor de Luren

Caja Rural Señor de Luren is a microfinance institution based in Ica in southern Peru that primarily promotes the development of the country’s agricultural sector through lending. Today, it also offers credit for consumers, microenterprises and housing improvements, and has expanded its financial services to promote micro-savings and provide micro-insurance. This institution has been instrumental in helping borrowers recover from the devastating earthquake in the Ica region in 2007, and works with Peru’s National Bank to reach some of the poorest and most remote microfinance clients in the country.

About Peru

  • $12,000
    Average annual income
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,976,350
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Franklin Giovanny to buy a laptop and party lights.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013