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Rene

Update on Rene

Rene is 24 years old, single, and doesn't have any children. He lives in Tambogrande, in the rural part of this district, in the north of Peru.

Rene's business is raising pigs and farmyard birds. He also farms. He has 2.0 hectares of farmland where he grows lemons which he harvests every week. He works on this land every day. He has been in his business for more than eight years.

Rene will invest his loan in buying 0.5 hectares of farmland so that he can grow more lemons and thereby continue growing in his business. Rene has received a previous loan from Edpyme Alternativa and showed himself to be a responsible client.
View original language description ↓
Rene tiene 24 años de edad, es soltero y sin hijos, y vive en Tambogrande, en la parte rural de este distrito en el norte de Peru.

La actividad que desarrolla la titular es la crianza de cerdos y aves de corral, ademas se dedica a la agricultura contando con 2,0 has de terreno agrícola sembrado de limón que cosecha semanalmente y asiste diariamente, cliente cuenta con mas de 8 años en su negocio.

Cliente invertirá en compra de 0,50 has de terreno agrícola, para sembrar mas limón y así seguir creciendo en su negocio, esta inversión le permitirá seguir creciendo en su negocio. Precisamente, Rene ya ha hecho un prestamo anteriormente con Edpyme Alternativa en la cual demonstro ser un cliente responsable.

Previous Loan Details

Rene, 23, is single living in his parents’ house which only has electricity in Tambogrande District that belongs to Piura Department. The area is known for having much farming, livestock raising and crafts making. Rene has raised sheep for several years. The corral holding his sheep is in hi... More from Rene'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
  • 131
    View loans »
    Peru Loans Fundraising
  • $56,130,550
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Rene to buy farmland on which to sow lemons.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 27, 2013