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Walter

Update on Walter

Walter, 32, has two school age children; he lives with his family in Zaña District located an hour away from the city of Chiclayo. He’s been raising sheep, barnyard fowl and cattle for the last three years. He fattens them up and once they reach ideal size and weight he sells them to local merchants. With income from this activity he’s able to cover his and his family’s expenses. Walter wants to improve his animals’ nutrition so that they will develop better and can be sold for a better price which is why he needs to ask Edpyme Alternativa for a 3,000 new sol loan to buy nutritionally balanced animal feed.
View original language description ↓
Walter tiene 32 años, tiene 2 hijos en edad escolar, vive con su familia en el distrito de Zaña, ubicado a 1 hora de la ciudad de Chiclayo.

Se dedica desde hace 3 años a la crianza de borregos, aves de corral y ganado vacuno, los cuales engorda y cuando ya han alcanzado su peso y tamaño ideal los vende a los comerciantes de la zona. Con los ingresos que percibe de esta actividad cubre sus gastos y los de su familia.

Walter desea mejorar la alimentación de sus animales para que estos se desarrollen de mejor manera y pueda venderlos a un mejor precio, por este motivo se ha visto en la necesidad de solicitar a Edpyme Alternativa un crédito de 3000 nuevos soles con lo que comprará alimento balanceado para su ganado.

Previous Loan Details

Walter is 32 and lives with his wife and children in his own home, which has electricity and is located in the rural district of Zaña in the province of Chiclayo. In this region the main economic activities include agriculture, cattle raising and tourism. For several years Walter has raised cat... More from Walter'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
  • 36
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Walter to buy animal feed.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013
This photo was used before for a previous loan for Walter. It was first posted on Kiva on Oct, 2011. Learn More