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Vicente Anastacio

Update on Vicente Anastacio

Vicente is 49, married, and has three children. He lives in his own home in the Punto Nueve hamlet, in the rural Lambayeque zone. His home has running water, and there are approximately 100 families in his community.
Vincente sells sheep, cows and goats from his home. He learned this work from his parents; he knows this job like the back of his hand. Furthermore, he makes an additional income from his rice crops.
The requested 2000 Nuevos Soles will be used for the purchase of urea to fertilize his recently transplanted rice crops, and for the purchase of a heifer which is on sale. This is a strong business, but it has little inventory.
View original language description ↓
Vicente es un hombre de 49 años de edad, casado y con 3 hijos. Vive en casa propia en el Caserío Punto Nueve, en la zona rural de Lambayeque. Cuenta con servicio de agua, la comunidad cuenta con aproximadamente 100 familias.
La actividad a la que se dedica es la comercialización de ganado ovino, ganado vacuno (vacas) y caprino dentro de su domicilio. Aprendió esta actividad de sus padres, de ahí se deduce que conoce a la perfección su rubro. Además, cuenta con ingresos adicionales producto de sus cultivos de arroz.
El monto del préstamo solicitado es de 2000 nuevos soles, destinados a la compra de úrea para el abono de sus cultivos de arroz recién transplantado y para la compra de una vaquillona que ha sido ofrecida en oferta. Este negocio cuenta con competencia pero con poco inventario.

Previous Loan Details

Vicente, age 49, lives with his wife and children in his own house. The only service the house has is water. It is located in a rural zone in the Lambayeque department. The business activities in the zone are farming, livestock, and tourism. Vicente has been raising and selling cattle for s... More from Vicente Anastacio'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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Vicente Anastacio to buy fertilizers for his crops and to buy livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Mar 31, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Vicente Anastacio. It was first posted on Kiva on Sep, 2011. Learn More