Update on DavidDavid is 31 years old and lives with his fiancée and 2-year-old son in a house that lacks the basic services of lights, water, and sewer, in the settlement of El Porvenir [The Future] Hualtaco III, located some 6 kilometers from Tambogrande district, in Piura.
David and his fiancée are a hard-working couple. She raises cattle and pigs and David is a farmer. At present, they have plantings of mango and lemon on land they inherited from their parents. David harvests the lemons each 15 days and this brings good earnings. This entrepreneurial couple have been dedicated to these activities for the last 2 years, due to the birth of their son.
David is requesting a loan of 1,500 new sols through Edpyme Alternativa. The money will be used to buy fertilizers and to clear land, in order to promote good production of mangoes and lemons. This will increase David's inventories and, in the end, his sales, assuring that production continues to grow.
This family has much desire to get ahead.
David y su novia son una pareja muy trabajadora. Ella se dedica a labores de crianza de ganado ovino y porcino y David se dedica a la agricultura, actualmente tiene plantaciones de mango y limón en un terreno que sus padres le heredaron. David cosecha el limón cada 15 días y esto le reporta buenos ingresos. Esta pareja de emprendedores se dedica a estas actividades desde hace dos años, debido al nacimiento de su niño.
David solicita un préstamo de 1500 nuevos soles a Edpyme Alternativa. El destino del crédito será para la compra de fertilizantes y limpieza de terreno, para asegurar una buena producción tanto del mango como del limón. Incrementando sus inventarios y por ende las ventas, para seguir creciendo en su actividad.
Esta familia tiene muchos deseos de superación.
Previous Loan DetailsDavid is 31 years old and lives with his girlfriend and their 2 year old son. They live in a house that doesn't have electricity, water or sewer in the settlement of El Porvenir Hualtaco III located 6 km from the district of Tambogrande - Piura. David and his girlfriend are a hard-working… More from David's previous loan »
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Mar 14, 2012
- Apr 23, 2012
- Currency Exchange Loss:
- Apr 27, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.