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Edward
Edward, 44 years old, is an entrepreneur and a dreamer. He lives in his own home with his partner María, who helps him in the activity of selling carbonated beverages. They have two children who are studying in school.

Edward’s work consists of selling carbonated beverages such as different brands of beer, and soft drinks of various flavors. He has a freezer which permits him to have iced cold drinks to please his customers. This work is done in a facility that is at his own house. He has been in this business for six years and it’s going well. He says that he began this business because the place where he lives did not have a store where you could buy these drinks. He considers it a profitable business because of the intense heat of the city, causing people to drink more beverages, then his sales increase and he gets better profits.

He says that the problems that he had at first were because he could not buy the drinks his customers wanted due to the lack of capital backing. He is waiting to raise capital in order to rebuild his facility to give better service to the people that come to his business. So this will be his fourth loan through the institution MFP. He is happy being a member of the group of which he is a part, because the other members are punctual and responsible.

He is grateful to the institution because it offers the opportunity of having capital backing. With the requested amount of 2000 soles he will buy a sound system, tables and chairs, etc., in order to improve the service and increase his customer base. Then his earnings will increase and he will make his payments on time.
View original language description ↓
Edward de 44 años, es un hombre emprendedor y soñador. Vive en su propia casa junto a su conviviente María quien es su socia en la actividad de ventas de bebidas gasificadas. Tienen 2 hijas, quienes estudian en el colegio.
El trabajo de Edward consiste en la venta de bebidas gasificadas tales como cervezas de distintas marcas y gaseosas de sabores variables, cuenta con una congeladora lo que le permite tener las bebidas siempre heladas al gusto del cliente. Este trabajo lo realiza en un local que esta en el interior de su propia casa. Lleva 6 años en este negocio y le esta yendo bien. pues comenta que se inicio en este negocio porque en el lugar donde vive no había tienda donde comprar estas bebidas. Considera rentable su actividad económica por el intenso calor que hay en la ciudad, por ello la gente consume más bebidas, entonces sus ventas se incrementan y obtiene ganancias favorables. Comenta que los problemas que tenía al principio eran por no poder adquirir las bebidas demandadas por los clientes por falta de capital de respaldo. Espera surgir y contar con el capital para reconstruir su local para dar mejor atención a la gente que acude a su negocio. Por tanto éste será su préstamo número 4 con la institución MFP, está contento de ser socio del grupo del cual es parte, porque los demás socios son puntuales y responsables. Esta agradecido con la institución ya que le da la oportunidad de tener un capital de respaldo. Con el monto solicitado 2000 soles comprará un equipo de sonido, mesas, sillas, etc. Para mejorar la atención e incrementar su clientela. Entonces incrementara sus ganancias y pagara sus cuotas puntualmente.

About Peru

  • $6,715
    Average annual income
  • 53
    View loans »
    Peru Loans Fundraising
  • $54,539,125
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Edward to buy a sound system, and tables and chairs to give atmosphere to his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 27, 2012
Listed
Nov 25, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013