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William

Update on William

William is 27 years old and in a common-law relationship. He lives together with his partner in his parents' home which is located in the small village of Sialupe Baca, in Lambayeque. The quality of life in this community is one of subsistence. Most of the locals are self employed. They have sales businesses and livestock businesses, and also farm.

William has been raising and selling animals for five years. During this time, he has gained experience. His main customers are market traders from Chiclayo and traders from his area. William also works in a salt factory where he earns a weekly wage.

William has requested a loan for 3,500 soles from Edpyme Alternativa which he would like to use to build a room from adobe next to his father's house where he will live independently together with his family.
View original language description ↓
William tiene 27 años de edad, estado civil conviviente, vive junto a su familia en casa de sus padres ubicada en el caserío Sialupe Baca de Lambayeque. 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.

William se dedica a la crianza y comercio de animales, desde hace 5 años, tiempo en el cual ha obtenido experiencia en esta actividad. Sus principales clientes son comerciantes de mercado de Chiclayo y negociantes de la zona. Adicionalmente trabaja en la fàbrica de sal, donde percibe ingresos semanales.

William ha solicitado un crédito a Edpyme Alternativa de 3500 nuevos soles, con los cuales desea construir una pieza (cuarto) de adobe al costado del domicilio de su padre, donde habitará junto con su familia de manera independiente.

Previous Loan Details

26 year old William is single and lives with his parents in a house that is connected to the electricity grid. They live in a rural zone of the district of Mórrope, which is part of the department of Lambayeque. This area is characterized by its agricultural activity, livestock, and tourism. Wil... More from William'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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,558,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped William to build a room from adobe where he can live independently with his family.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014