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Juan Manuel
Juan Manuel, 37, is married and lives in a rural part of Lambayeque District in northern Perú. He lives in a small community of about 50 people and he has electricity and running water.

The activity Juan Manuel carries out is raising animals to sell while his wife sells various groceries in the only store in the zone. The business is home-based. The two of them are hardworking people with a strong drive to get ahead.

Because of this they are taking out a 4000 sol loan that will be used to buy unshelled rice which costs 130 new soles a fanega [measure of grain and seed of about a hundred-weight]; he wants to buy 20 fanegas with a total cost of 2600 new soles. He will invest the rest in the purchase of stock merchandise for the store and in another calf.
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Juan Manuel tiene 37 años de edad esta casado y vive en la zona rural del distrito de Lambayeque al norte del Peru. Vive dentro de una pequeña comunidad de alrededor de 50 personas y cuenta con servicios de agua y luz La actividad que desarrolla el Juan Manuel es la crianza y comercialización de animales, mientras que su conyuge se dedica a la venta de abarrotes varios, siendo la unica bodega de su zona. El negocio esta situado en su domicilio. Entre los dos son personas muy trabajadoras con ideas de salir adelante. Por este motivo estan buscando tomar un prestamo de 4000 soles. El destino del crédito será para invertir en la compra arroz en cascara valorizado en 130 Nuevos Soles la fanega deseando comprar 20 Fanegas con una inversion final de 2600 Nuevos Soles, el resto sera invertido en su bodega y compra de otra ternera.


About Peru

  • $6,715
    Average annual income
  • 113
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
Expired
A loan of $1,525 helped Juan Manuel to buy unshelled rice, stock merchandise for the store and to buy a calf.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2012
Listed
Jul 13, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 12, 2012