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Juan Francisco
Juan Francisco lives with his family in Cayalti, a community that produces sugar cane and all types of business. Cayalti is two hours from the city of Chiclayo, on the northern coast of Peru.

He is known for his work buying and selling construction materials. He has a small warehouse in his home that supplies the clients in the region. His children support him in this work.

Juan Francisco has requested a loan of 3500 New Soles from Edpyme Alternativa to supply his business with cement, since the demand for housing is on the rise. In this way he will have a higher income for his family.
View original language description ↓
Juan Francisco vive junto a su familia en Cayalti una comunidad productora de caña de azúcar y comercio de todo tipo, a dos horas de la ciudad de Chiclayo, costa norte del Perú.


El es conocido en el medio por su labor de compra y venta de materiales de construcción, tiene un pequeño almacén en su domicilio que abastece a los clientes de la zona, sus hijos le apoyan en esta labor.


Juan Francisco ha solicitado un préstamo de 3 500 nuevos soles a Edpyme Alternativa para abastecer su negocio con cemento, ya que la demanda inmobiliaria está en aumento y de esta manera tener 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.  
 

Tags

About Peru

  • $6,715
    Average annual income
  • 128
    View loans »
    Peru Loans Fundraising
  • $56,843,475
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Juan Francisco to purchase cement for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2013
Listed
Nov 12, 2013
Currency Exchange Loss:
Possible
Ended:
May 23, 2014