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Fermin
Fermín is 56 years old and lives with his son in Oyotun. Oyotun's community mostly engages in agriculture and commerce, and is two hours from the city of Chiclayo which is located in the northern region of Peru.

He and his son have a business raising and selling small animals in the backyard of his house. Fermin has requested a loan of 1,000 nuevos soles with the purpose of buying animal feed and in this form achieving better production, and generating more income for his family.
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Fermín tiene 56 años de edad, vive junto a su hijo en Oyotun, su población se dedica a la agricultura y comercio, a dos horas de la ciudad de Chiclayo que se ubica en la Región norte del Perú.


El tiene junto a su hijo a un negocio de crianza y venta de animales menores en la parte posterior a su domicilio, Fermín ha solicitado un préstamo de 1 000 nuevos soles con la finalidad de comprar alimentos balanceados y de esta manera tener una mejor producción, 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.  
 

Tags

About Peru

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,558,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fermin to buy animal feed to fatten his livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014