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Jose Miguel

Update on Jose Miguel

José is 53 years old, he is separated, he lives in his own home (which has plumbing and electricity), and his home is located in the district of Olmos in the Lambayeque area. This area is known for its agriculture and livestock.

José works in agriculture on his own farmland where he grows passion fruit and lemon. When he harvests his fruit, his products are sold in different marketplaces around Lambayeque and Chiclayo. He earns enough income to cover his household expenses. He also earns money with his moto-taxi (a motorized vehicle for transporting supplies and people) and he offers transport services to people in the towns and city centers.

He is seeking a loan from Edpyme Alternativa in the amount of 3000 nuevos soles so that he can pay for maintenance on his moto-taxi. He has used it for a long time and it is beginning to suffer and break down. He also wants to buy compost and fertilizer for his crops.

He already had a loan through Kiva, it went well, and he is very grateful to the people that gave him the opportunity. José sends his thanks in advance to the people that will fund this loan.
View original language description ↓
José de 53 años de edad, es separado, vive en su casa propia, la cual cuenta con servicio de agua y luz, ubicada en la zona rural del distrito de Olmos que pertenece al departamento de Lambayeque. Zona que se caracteriza por la actividad agrícola y ganadera.

La actividad que desarrolla José es la agricultura, cuenta con sus propias tierras de cultivo donde ha instalado maracuyá y limón, una vez que realiza su cosecha sus productos los ofrece a los diferentes mercados de Lambayeque – Chiclayo y así puede obtener ingresos para cubrir sus gastos de su hogar. También cuenta con una mototaxi (vehículo motorizado utilizado en el transporte de carga y pasajeros) con la cual trabaja ofreciendo su servicio en los pueblos y centros poblados de la zona.

Ha solicitado un préstamo a Edpyme Alternativa de 3000 nuevos soles para brindar mantenimiento a su mototaxi, ya que el continuo uso ha hecho que esta empiece a sufrir algunas fallas, adicionalmente desea comprar abonos y fertilizantes para sus cultivos.

El ya ha tenido un crédito financiado a través de Kiva y le fue bien, por ello se siente muy agradecido con las personas que colaboraron con el en aquella oportunidad. José también agradece de antemano a las personas que le apoyarán en esta ocasión.

Previous Loan Details

José is 51 years old, single, and lives in his own home which has running water and electricity. His home is in the rural district of Olmos which belongs in the Lambayeque department. This district is known for agriculture and animal breeding. José works in agriculture, and he has his own far... More from Jose Miguel'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
  • 101
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD
A loan of $1,125 helped Jose Miguel to pay maintenance and repair expenses for his moto-taxi.
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 9, 2012
Jun 10, 2012
Currency Exchange Loss:
Jul 10, 2012