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Update on Teobaldo

Teobaldo is 54 years old, and is married with two children. He lives with his wife and children in their own house, which is located in the Caserío Las Mónicas A Lote 140 community of the district of Tambogrande. They have access to electricity.

Teobaldo works in agriculture and also raises livestock for resale in the local market. He has one and a half hectares of arable land that he has planted with Kent variety mangos, which are presently in their growth cycle. His wife works raising chickens and barnyard fowl.

He is requesting a loan in the amount of 2,000 nuevos soles, which he will invest in the purchase of feed for his cattle, and in fertilizers for growing mango trees. With the support from this loan, he will be able to continue growing his business and improving his quality of life.
View original language description ↓
Teobaldo es un hombre de 54 años de edad, casado y con 02 hijos a su cargo. Vive en casa propia con su esposa y sus hijos. La cual está ubicada en el Caserío Las Mónicas Mz A Lote 140 Dist. Tambogrande, pero cuenta con servicio de luz.
La actividad que desarrolla el Teobaldo es la ganadería y agricultura; el ganado al alcanzar tamaño y peso óptimo los comercializa en el mercado local. Tiene 1.50 has de terreno agrícola, las cuales están sembrada con mango Var. Kent. La que se encuentra en producción. Su esposa se dedica a la crianza de aves de corral.
El monto solicitado es de 2,000 nuevos soles que será para la compra de alimento balanceado para su ganado y para la fertilización del cultivo de mango, lo cual le va permitir seguir creciendo con su negocio y mejorar su calidad de vida.

Previous Loan Details

Teobaldo is 54, and lives in his own house with his wife and children. The house has electricity only, and is located in the rural area of Tambogrande district, which is part of the Piura department. This is an area where people make their living from farming, livestock-raising and handicrafts... More from Teobaldo'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
  • 123
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD
A loan of $775 helped Teobaldo to purchase feed for his animals and fertilizers for growing mango trees.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 23, 2012
Apr 28, 2012
Currency Exchange Loss:
May 28, 2012