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Pedro
Pedro is 70, he lives with his wife and children in the district of Querocotillo, a community of varied climate. His people work in agriculture, business and animal husbandry. Located in Cutervo province which belongs to the Cajamarca region, northern sierra of Peru.

Along with his wife, he has a small store where they offer a variety of staple products. Their children work as laborers in the farms of their neighbors to help with family expenses. He has applied for a loan of 1,000 nuevos soles for the purchase of a greater quantity of products to offer his clients and, in this manner, generate more income for his family.
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Pedro tiene 70 años de edad, vive junto a su esposa e hijos en el distrito de Querocotillo, una comunidad de clima variado, su población se dedica a la agricultura, comercio y ganadería, ubicada en la Provincia de Cutervo que pertenece a la Región Cajamarca, sierra norte del Perú.


Junto a su esposa tiene una bodeguita donde ofrecen variedad de productos de primera necesidad, sus hijos se desempeñan como jornaleros en las fincas de sus vecinos para apoyar con gastos familiares, ha solicitado un préstamo de 1 000 nuevos soles para la compra de mayor cantidad de productos para ofrecer a sus clientes 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.  
 

Tags

About Peru

  • $6,715
    Average annual income
  • 109
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Pedro to buy a greater quantity of products to stock his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2014
Listed
Mar 29, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014