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Alejandro
Alejandro is 45 years old and lives with his wife in the rural district of Cayalti. His town is known for the cultivation of sugar cane and rice, trade, and livestock breeding. This community is two hours away from the city of Chiclayo, which is on the northern coast of Peru.

Alejandro grows and sells alfalfa and corn husks, which he delivers to the neighboring villages in his community. He is requesting a loan of 4,000 PEN so that he can buy a new motorcycle taxi. The one he has is 10 years old and in need of costly repairs. This will enable him to continue working and generating income for his family.
View original language description ↓
Alejandro tiene 45 años de edad, vive junto a su esposa en la zona rural de Cayalti, su población se dedica al cultivo de caña, arroz, comercio y ganadería a dos horas de la ciudad de Chiclayo, costa norte del Perú.


El se dedica a la actividad de siembra y venta de alfalfa y chala, que lo distribuye a los caseríos aledaños a su comunidad, ha solicitado un préstamo de 4 000 nuevos soles para comprar una mototaxi nueva, la que tenía tiene 10 años de antigüedad y es muy costoso repararla, lo que le permitirá seguir trabajando y generando 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
  • 129
    View loans »
    Peru Loans Fundraising
  • $56,116,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Alejandro to buy a new motorcycle taxi for delivering his crops.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Nov 24, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014