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Cesar

Update on Cesar

César is a 49 year old married man with two children in his care. He lives in La Matanza District and has good personal and work references. The zone has more than 10,000 inhabitants and he lives in his own house in a new town.

César is a fruit merchant. He sells lemons, tamarinds, passion fruit, oranges and mangoes, among others. He’s been doing this for five years in La Matanza.

The amount of the requested loan is 1508 new soles that he needs to invest in his business, specifically to acquire merchandise like lemons, mangoes and oranges that are in season now. In this way he will have better income and as a consequence better living conditions in the zone.

The market is profitable to invest in this business because the population in general, especially the men, are farmers growing fruit and vegetables which means risks for customers are few and the main influence to invest thus obtaining more profits for his family’s support.
View original language description ↓
César es un hombre de 49 años de edad de estado civil casado, con 2 hijos a su cargo, vive en el distrito de la matanza y cuenta con buenas referencias personales y laborales, la zona cuenta con más de 10 mil habitantes y el cliente habita en casa propia y en pueblo joven.
César se dedica a la compra y venta de frutas, tales como el limón, tamarindo, maracuyà, naranjas, mangos, entre otros, todo este desde hace 5 años, y en la zona de la matanza.
El monto del préstamo solicitado es de 1508 nuevos soles y lo necesita para invertirlo en su negocio, específicamente para la adquisición de mercadería, tales como limón, mango, naranjas, ya que es la época de este tipo de negocio.
De esa forma tendrá mejores ingresos y en consecuencia una mejor condición de vida en la zona, y el mercado es rentable para invertir en este negocio, pues la población en su mayoría, específicamente los varones son los que se dedican a la agricultura, y al sembrio de frutas y menestras, todo esto trae consigo que los riesgos para el cliente sean menores, y son la influencia primordial para que invierta y por lo tanto obtenga mas ganancias para el sustento de su familia.


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Previous Loan Details

Cesar is 49 years old and lives with his wife and three children in a developing community in Morropón Province in Piura.

He has been buying and selling fruits for two years. Cesar works in his community and in the surrounding areas. He has an established customer base and the income ge... More from Cesar'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
  • 128
    View loans »
    Peru Loans Fundraising
  • $56,843,475
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Cesar to buy fruit and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 29, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013