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Augusto
Augusto is 37 years old. He lives with his wife and two children in the Pomahuaca district. The people grow fruit, coffee, rice and cacao, sell the same items and livestock. It is two hours from the city of Jaén in the northern mountains of Peru.


He sells cattle and mules. Augusto buys the livestock in nearby communities and he sells his goods in Chiple, an area where a large part of the ranchers meet to sell heads of cattle.


He has requested a loan of 4,000 nuevos soles to purchase a mule and a head of cattle to offer to his customers. With these sales, he will be able to generate more income for his family.

View original language description ↓
Augusto tiene 37 años de edad, vive junto a su esposa y sus hijos en el distrito de Pomahuaca, su población se dedica al cultivo de frutales, café, arroz y cacao, comercio de los mismos y ganadería a dos horas de la ciudad de Jaén, sierra norte del Perú.


El se dedica a la venta de ganado vacuno y mulos, Augusto compra ganado en caseríos aledaños y las ventas lo realiza en Chiple una zona conocida donde la mayor parte de ganaderos se reúnen a la venta de cabezas de ganado vacuno.


Ha solicitado un préstamo de 4 000 nuevos soles para la compra de un mulo y una cabeza de ganado para ofrecer a su clientes y de esta manera generara 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
  • 52
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    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 Augusto purchase a mule and a head of cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014