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Ecederio
Ecederio, who is sixty years old, is a hard-working man. He has lived with his wife, Bertha, for the past twenty-seven years. They both have two children that they take care of in their own home, which is located in the town of San Carlos. At his age, he is an entrepreneur who is saving money to be able to start two musical groups together with other people who are well-known in the area, so as to earn more income. He is constantly advertising his group’s appearances. At the same time, he rents musical and audio equipment, such as amplifiers, percussion instruments, guitars, and sound mixers, among others. He has been working this way for thirty years. He is also a real estate agent who sells houses for third parties, who pay him a commission for each sale, along with land for the construction of houses for third parties. His work involves purchasing a lot for a low price and then re-selling it for a higher price. Thanks to these efforts, he has been able to save a considerable amount of money. “I can’t mix my capital. I have capital for my equipment rental shop, another for my real estate business, and another for my musical group,” he says. As a result, he always works with established budgets, which help him to manage his business. This is his fourth loan with MFP [Microfinanzas Prisma]. He is happy because he has the capital he needs to improve his business and, as a result, his quality of life. Additionally, he likes belonging to his group because the members are hard-working and caring. After receiving his loan, Ecederio will invest the money he is requesting by paying for posters, newspaper advertisements, and musical production for his musical groups.
View original language description ↓
Ecederio, de 60 años es un hombre trabajador. Vive desde hace 27 años, junto a Bertha su esposa. Ambos tienen 2 hijos a los que cuida en su casa propia, ubicada en la localidad de San Carlos. A su edad, es todo un empresario, ahorró dinero para poder abrir en sociedad con otras personas dos grupos musicales, que son reconocidos en la zona, de ahí obtiene una ganancia extra, pues constantemente tiene que publicitar a su grupo para que tengan presentaciones. Paralelo a ello, se dedica al negocio de alquiler de equipos de música y audio, como amplificadores, instrumentos de batería, guitarra, mezcladores de sonido, etc. Ya tiene 30 años dedicándose a esto. Además de ser un agente mobiliario, vende casa de terceras personas, quienes le pagan una comisión por cada venta, además de vender terrenos para construcción de casas a terceras personas. Su trabajo consiste en la compra de un lote a menor precio, para que lo revenda a un precio mayor, gracias a ello, pudo ahorrar una suma considerable de dinero. “No puedo mezclar mi capital de dinero, existe un capital para mi tienda de alquiler, otro para mi negocio mobiliario y otro para el grupo musical”, afirma. Por ello, siempre trabaja con presupuestos establecidos, que le ayuda a administrar bien su negocio. Este es el cuarto crédito con MFP, se siente feliz, pues tiene el capital necesario para mejorar su negocio y por ende su calidad de vida. Además le gusta pertenecer a su asociación, porque sus integrantes son personas solidarias y trabajadoras. Ecederio de recibir su apoyo, invertirá el dinero solicitado en el pago de los afiches, publicidad en los periódicos y producción musical de sus agrupaciones musicales.

About Peru

  • $6,715
    Average annual income
  • 118
    View loans »
    Peru Loans Fundraising
  • $56,069,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Ecederio to pay for advertising space in the newspaper and musical production for his band.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Apr 7, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013