Update on ArtemioArtemio, 53, lives in his own house made from insubstantial materials in a traditional style with his wife and one of his daughters who is 17-years-old. He lives in a rural zone in northern Peru. This is his second loan with Kiva’s support and the first one was a total success because it helped him consolidate his fruit and vegetable business.
His community’s quality of life is at the subsistence level. Most are independent workers in commerce and raise animals. Some also work in agriculture. Within his family environment there are humble conditions but quite a strong will for his work activities and neighborly cooperation. His main commercial activity is selling vegetables. He has ten years’ experience in this line of work. He buys corn and lentils from nearby fields to then sell in the cities of Chiclayo and Lambayeque. He also has one hectare of corn planted next to his house. His spouse also raises small farm animals, mostly ducks that are sold in the city of Chiclayo 45 days after hatching.
This time the loan (1,000 soles) will be used partly to buy animal feed and small farm animals to raise and the rest as working capital in his vegetable and fruit business to thus improve both his and his family’s quality of life. Artemio was very responsible with his previous loan’s repayment.
La calidad de vida en la comunidad es de subsistencia la mayoría son trabajadores independientes en negocios de comercio y crianza de animales. Adicionalmente dedicados a la agricultura. Dentro de su ambiente familiar, de condiciones humildes pero se aprecia bastante voluntad para sus actividades laborales y cooperación con sus vecinos. Su principal actividad comercial es el comercio de verduras, contando con 10 años de experiencia en el rubro; por lo que compra maíz y lentejas en las chacras de poblados aledaños para posteriormente venderlos en las Ciudades de Chiclayo y Lambayeque. Adicionalmente Cliente también Siembra 01 ha de Maíz en su parcela ubicada al lado del domicilio.
Su conviviente también posee crías de animales menores, en su mayoría patos, los cuales después de 45 días de nacidos son vendidos en la Ciudad de Chiclayo. Esta vez el préstamo será invertido parte (S/. 1,000) en compra de alimento para animales y en animales menores con fines de engorde, y la diferencia en capital de trabajo en el negocio de Verduras y Menestra; y así poder mejorar la calidad de vida tano de él como de su familia. Arteminio demonstro ser muy responsable en el pago del credito anterior.
Previous Loan DetailsArtemio is a hard-working man, 52 years old, who lives with his wife and two children in a small and humble community which is still developing. Its inhabitants work as merchants, raise animals or work in agriculture. The community is located 20 minutes from the district of Mórrpe in Lambayeque.… More from Artemio's previous loan »
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.
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Success!! The loan was 100% repaid