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Armando
Armando is 48 years old, and is married to Emilia with whom he has two children. He lives with them in an adobe house bought many years ago. He owns a business selling foodstuffs. Initially, he made a living in various temporary jobs which enabled him to save money and set up his current business.

He works in a room fitted out for business on the first floor of his home, where he set up, initially acquiring basic merchandize, and later managing to consolidate his business into his family's main livelihood. He is supported by his wife, who manages the business.

His store sells basic goods such as rice, sugar and cereals and groceries, which he buys wholesale to make higher profits.However, he needs to keep his store fully stocked in case of a large number of customers. He plans to work with his usual motivation so that, over time, he manages to grow his business and build his home using stronger materials, to improve his family's quality of life.

This is his first loan with Kiva, and he feels very grateful for this opportunity, since he needs financial support to continue his work. This time, he would like 4,000 soles to invest in buying foodstuffs for his business, including bags of rice, sugar, cereals, fish sauces, candy and other products that sell well.
View original language description ↓
Armando tiene 48 años de edad, esta casado con Emilia con quien tiene 2 hijos , junto a ellos reside en una vivienda construida a base de adobe adquirida hace muchos años.Es propietario de un negocio consistente en la venta de comestibles.Inicialmente se desempeñaba en diversos trabajos eventuales el cual le permitió acumular dinero e iniciarse en su actual negocio.
Desempeña su labor en un ambiente habilitado en el primer piso de su vivienda en donde puso sus andamios logrando adquirir inicialmente mercadería básica y con su posterior venta consolidar de a pocos su negocio como el principal sustento de su familia.Tiene como apoyo su esposa quien es la encargada del negocio.
En su negocio se puede encontrar productos de primera necesidad tales como arroz, azúcar y cereales además de abarrotes, los cuales son adquiridos al por mayor para generar mejores ingresos. No obstante es necesario abastecer su negocio de manera permanente esperando tener una buena afluencia de clientes.Tiene en mente trabajar con la motivación que lo caracteriza para lograr con el tiempo ampliar su negocio y porque no iniciar la construcción de su vivienda a base de material noble esperando mejorar la calidad de vida de su familia .Este es su primer crédito con Kiva motivo por el cual se siente muy agradecido por la oportunidad ya que era necesario contar con un respaldo económico para continuar con su trabajo.
Para esta oportunidad desea contar con S/.4,000 nuevos soles e invertirlos en la compra de comestibles para su negocio el cual incluye sacos de arroz, sacos de azúcar, cereales, conservas de pescado, golosinas y demás productos con buena salida.

About Peru

  • $6,715
    Average annual income
  • 53
    View loans »
    Peru Loans Fundraising
  • $53,895,075
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Armando to buy products such as rice, sugar, and milk.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013