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Augusto
Augusto is 35 years old and lives with his wife in the Oyotún district, a farming, commercial, and livestock raising community, located two hours from Chiclayo, in the northern mountains of Peru.

He sells groceries such as milk, cooking oil, rice, sugar, soft drinks, and toiletries and has done so for more than five years. He is asking for this loan to buy merchandise to stock his business and increase the family income.
View original language description ↓
Augusto tiene 35 años de edad, vive junto a su esposa en el distrito de Oyotún, una comunidad que se dedica a la agricultura, comercio y ganadería a dos horas de la ciudad de Chiclayo, sierra norte del Perú.


El se dedica a la venta de abarrotes, como leche, aceite, arroz, azúcar, gaseosa y artículos de aseo, desde hace más de 5 años de experiencia en el negocio, ha solicitado un préstamo de 4 000 nuevos soles para la compra de mercadería para incrementar su negocio y de esta manera generar 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.  
 

About Peru

  • $6,715
    Average annual income
  • 111
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    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 to stock his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2013
Listed
Dec 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015