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Arquimedes
Fifty-year old Arquimedes is a good, friendly and enterprising man. He lives with María, who is his business partner. He has 5 children, who are already independent and are very happy since they were given a good quality of life. They live together in their own home.

Everyday, Arquimedes goes very early to get everything ready to open his store in the city's wholesale market. There he patiently waits for his customers to come looking for regional products, according to the season. Right now, he is working with sacks of yucca. He gets these products from wholesalers who bring them from their various farms.

He has been in this business for 10 years, and he does it with his partner, with whom he shares his earnings. During this time, he saw a way to increase his income, so at the same time that he sells bananas, he also sells food in the same stall. These two activities bring him good income, and with it he can buy what he needs and pay for household expenses.

He hopes to continue working to grow his business even more, and in the future open a grocery store in his house.

This will be his 15th loan with MFP, and he hopes for their cooperation so that he can continue achieving his goals. On the other hand, he is committed to being a responsible and punctual client, so that he doesn't give a bad impression to the communal bank that is giving him the assurance that he needs. Furthermore, he hopes to adapt very quickly and pick up on everyone's collaborative and supportive spirit.

With the requested amount of 1500 soles, he will buy sacks of yucca wholesale and sell them at retail. He will also buy the ingredients and supplies to continue selling food at his market stall.
View original language description ↓
Arquimedes, de 50 años, es un hombre amable bueno y emprendedor, es conviviente con María quien es sus socia en su actividad economica. Tiene 05 hijos los cuales ya son independientes se sienten muy contentos ya que les brindaron una buena calidad de vive. Viven juntos en su casa propia. Arquimedes, todos los días va muy temprano a a ordenar su local en una mercado mayorista de la ciudad, ahí vende yuca. Consigue estos productos de los mayoristas quienes traen de distintas chacras. Lleva realizando este negocio por 10 años y lo hace junto a su conviviente con quien comparte las ganancias.
Durante este tiempo vio la manera de cómo aumentar sus ingresos, es así que vende comida en su mismo puesto. Estas dos actividades le brindan buenos ingresos diariamente y con ello puede pagar algunas necesidades de su hogar. Espera seguir trabajando para hacer crecer aun mas su negocio y en el futuro poner una tienda de abarrotes en su casa. Este será su crédito número 15 con MFP, por ello espera de su colaboración para continuar con sus objetivos. Por otro lado se compromete a ser un cliente responsable y puntual para no quedar mal con el banco comunal que le esta dando la confianza que necesitaba, además espera acoplarse muy rápidamente y contagiarse del espíritu colaborador y solidarios de todos. Con el monto solicitado 1500 soles, comprará sacos de yucas al por mayor, para venderlo al menudeo, además comprará ingrediente e insumos para seguir vendiendo comida.

About Peru

  • $6,715
    Average annual income
  • 118
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Arquimedes to purchase wholesale yucca for re-sale, and to purchase ingredients for making and selling food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013