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Jose Celedonio

Update on Jose Celedonio

José Celedonio is 58 years old, he lives in his own home of solid construction in the district of Morropon, a community based on agriculture, commerce and cattle ranching. Morropon is located in the province of the same name which belongs to the Piura region on the north coast of Peru.

José has been selling watermelons for four years. He works out of his house and has many customers in the area. Due to the excessive heat where he lives, José has discovered an opportunity to sell other juicy fruits as well, which quench the thirst of his customers.

He has asked for a loan from Edpyme Alternativa of 2,000 nuevos soles to buy a larger quantity of fruit to sell to his customers.
View original language description ↓
José Celedonio tiene 58 de edad, vive en su casa propia de material noble en el distrito de Morropon, una comunidad que se dedica a la agricultura, comercio y ganadería, ubicada en la Provincia del mismo nombre que pertenece a la Región Piura, costa norte del Perú.


El se dedica a la venta de sandias desde hace 4 años, su negocio se encuentra ubicado en su domicilio, cuenta con clientela considerable de la zona, el excesivo calor donde reside, José ha encontrado una oportunidad para vender también otras frutas jugosas que permitan saciar la sed de sus clientes.


Ha solicitado un préstamo a Edpyme Alternativa de 2 000 nuevos soles para la compra de mayor cantidad de frutas que le permitan ofrecer a sus clientes.

Previous Loan Details

José Celedonio, 58, lives with his wife in Morropon, located two hours from the city of Piura on the north coast of Peru. The residents are farmers, merchants, and cattle ranchers. José has been selling watermelon in areas close to his district for four years. He has applied for a loan of 1500 nu... More from Jose Celedonio's previous loan »

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.  
 

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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About Peru

  • $12,000
    Average annual income
  • 117
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $725 helped Jose Celedonio to buy a larger quantity of fruit to sell to his customers.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2014
Listed
Jun 24, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015