Update on Jose MercedesJosé M. is 62 years old. He has two adult children. He lives in his own house located in Barrio Nuevo in Mórrope District. The community’s standard of living is at the subsistence level. Most of the workers work independently in commerce and raising animals; some also farm and work as employees.
The activity that José does is raising animals in corrals located at home. His spouse cares for the animals. The animal business is located at home and he has a regular clientele made up of merchants in the markets in Chiclayo.
The loan he’s asking for is for 2000 new soles that he’ll use to invest in his animal business buying small fowl, goats and sheep to raise. He plans to use this loan to expand the corrals and to buy feed to fatten up the small animals and the pigs. He has currently set the goal of expanding his animal inventory because this is a very profitable activity in the zone.
La actividad a la que se dedica José es a la crianza de animales de corral en su propio domicilio. Su cónyuge se encarga del cuidado de los animales. Negocio de animales ubicado en su propio domicilio cuenta con clientela fija como comerciantes de mercados de Chiclayo.
El monto del crédito solicitado es de 2000 nuevos soles, los cuales se invertirán para inversión en negocio de animales y compra de aves pequeñas, animales caprinos y ovinos para la cría. Con el préstamo actual tiene pensado ampliar corrales para la crianza y comprar alimento para engorde de animales menores y ganado porcino. Actualmente se ha propuesto ampliar su inventario en lo referente a animales debido a que es una actividad muy rentable en la zona.
Previous Loan DetailsJosé is 61 years old and lives with his wife in a home of his own, which has electricity but no other services. It’s located in the rural district of Mórrope, part of the Lambayeque department. This zone is known for its farming, livestock, and arts. José has been raising and selling pigs an... More from Jose Mercedes'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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