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Marino
Mariano, 49 years old, lives with his wife in San Juan de Chorrillos, a rural area of Callayuc, in the region of Cajamarca, north of Peru. The residents of this community work mostly in agriculture, livestock and commerce.

Mariano works in the distillation of liquor (“aguardiente”), a process that consists of boiling the juice from sugar cane, and after it undergoes a phase of purification, it can be used for either curative/medical purposes, or as an alcoholic beverage for special celebrations. Mariano is well known in the community for his business.

He is requesting a loan of 4500 nuevos soles, to purchase sugar cane to increase his production and sales, ultimately increasing the family income.
View original language description ↓
Marino tiene 49 años de edad, vive junto a su esposa en San Juan de Chorrillos, una zona rural de Callayuc, su población se dedica a la agricultura, comercio y ganadería a dos horas de la ciudad de Cutervo, región Cajamarca, sierra norte del Perú.


El se dedica a la destilación de aguardiente actividad que consiste en hervir el jugo de la caña y luego de un proceso se purifica para utilizarlo con fines curativos, antiséptico, como una bebida para celebrar en ocasiones especiales, es conocido en la zona por la actividad que realiza.


Marino ha solicitado un préstamo de 4 500 nuevos soles para compra de caña materia prima de elaboración de su producto y de esta manera tener una mayor producción para ofrecer a sus clientes, generando 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.  
 

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About Peru

  • $6,715
    Average annual income
  • 118
    View loans »
    Peru Loans Fundraising
  • $56,104,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Marino to buy sugar cane for the distillation of liquor.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014