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German
Germán, age 25, lives in the Buenos Aires district. It is a community with a warm climate, and the population devotes itself to farming, especially growing bananas, commerce, and livestock. It is located in the Morropon province in the Piura region on the northern coast of Peru.

He provides labor on his neighbors’ and other inhabitants’ farms in his district or in other places in the area. His wife also works in agriculture.

He has requested a loan for 2,500 soles to buy materials to build his house. This way he will have a pleasant place to live.
View original language description ↓
Germán tiene 25 años de edad, vive junto en el distrito de Buenos Aires, una comunidad de clima caluroso, su población se dedica a la agricultura especialmente el cultivo de plátano, comercio y ganadería, ubicada en la Provincia de Morropon que pertenece a la Región Piura, costa norte del Perú.


El brinda servicio de mano de obra en las chacras de sus vecino y moradores de su distrito o en las hornilla de la zona, su esposa también se dedica a labores agrícolas, ha solicitado un préstamo de 2 500 nuevos soles para la compra de materiales para la construcción de su vivienda y de esta manera tener un lugar agradable donde residir.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Peru

  • $12,000
    Average annual income
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped German to buy materials to build his house.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2014
Listed
Apr 24, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015