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Juan

Update on Juan

Juan is a 36 year old man in a common-law marriage. He lives in his own home, located in the village Virgen Purísima Concepción in the district of Lambayeque.

The work that Juan does in the buying and sales of small animal, and he has 10 years of experience running his own business; Juan does business with the market vendors in his zone. At the same time, Juan also works in farming to gain other income.

The amount he is asking is 3,000 Soles, which he will invest in buying feed, animals, and repairs on the corrals and his property.
View original language description ↓
Juan es un hombre de 36 años de edad de estado civil casado, vive en casa propia, domiciliado en el caserío Virgen Purísima Concepción del distrito de Lambayeque.
La actividad a la que se dedica Juan es la compra y venta de animales menores, cuenta con 10 años de experiencia en el manejo de su negocio; Juan comercializa a los comerciantes de mercado de la zona. Así mismo Juan también se dedica a la agricultura que lo permite tener ingresos adicionales.
El monto solicitado es de 3,000 nuevos soles, que invertirá en la compra de alimentos, animales, arreglo de corrales y de su domicilio.

Previous Loan Details

Juan is 35 years old, single, and he has a house of his own. It is not equipped with basic services (water, electricity, or sewage services). It is located in a rural region in the department of Lambayeque. This district is known for its population who are involved in agriculture, farming, and to... More from Juan'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

  • $12,000
    Average annual income
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Juan to invest in buying foodstuffs, animals, maintenance on the corrals and on his property.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 27, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 27, 2013