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Martin
Martin, age 53, lives with his wife in Nueva Arica, a rural zone that is one hour from the city of Chiclayo in the Lambayeque region on the northern coast of Peru.

They are an enterprising family that puts forth great effort in order to have a better quality of life. Martin does farm work as a day worker. His wife, together with their children, helps run the small store that they have. They also raise and sell poultry in the area behind their house.

He has requested a loan for 3,000 nuevo soles to buy merchandise for their little store and to buy small animals. He will later fatten the animals and sell them for a better price, which will generate greater income for his family.
View original language description ↓
Martin tiene 53 años de edad, vive junto a su esposo en una zona rural de Nueva Arica a una hora de la ciudad de Chiclayo en la Región Lambayeque, costa norte del Perú.


Son una familia emprendedora que se esfuerza por tener una mejor calidad de vida, Martin se dedica a las labores agrícolas como jornalero y su esposa junto a sus hijos apoyan en la atención de la pequeña bodega que tienen, además se dedican a la crianza y venta de aves de corral en la parte posterior de su vivienda.


El ha solicitado un préstamo de 3 000 nuevos soles para invertir en mercadería para su bodeguita y la compra de animales pequeños para su posterior engorde y ofrecerlos a un mejor precio, generándole mayores ingresos para su familia.

Additional Information

More information about this loan

This product was created to assist Edpyme Alternativa to expand their reach into rural areas of Northern Peru in order to attend more underserved populations. Kiva funding allows the institution to access the Northern areas of the Piura, Lambayeque, and Cajamarca regions, which are generally too costly to serve and therefore less attended by financial institutions.  
 

About Peru

  • $12,000
    Average annual income
  • 89
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Martin to buy merchandise for their little store and to buy small animals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2013
Listed
Nov 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 23, 2014