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Juan
Juan, age 60, lives in the Yapana village in the Callayuc district. The community has a warm climate, and the people are serene. They devote themselves to agriculture, commerce, and livestock. This community is in the Cutervo province in the Cajamarca region in the northern highlands of Peru.

Juan distills ‘aguardiente’ [an alcoholic beverage]. He has been engaged in this business activity for 13 years.

He has requested a loan from Edpyme Alternativa for 1,500 soles to buy a motorized distiller. This way he will mill more and manage to distill a greater quantity of aquardiente. This way he will generate greater income, increase his profits, and also be able to improve his quality of life.
View original language description ↓
Juan tiene 60 años de edad, vive en el caserio Yapana que pertenece al distrito de Callayuc, una comunidad de clima caluroso, su población es tranquila, se dedican a la agricultura, comercio y ganadería, esta comunidad está ubicada en la Provincia de Cutervo que pertenece a la Región Cajamarca, sierra norte del Perú.


Él se dedica a la destilación de aguardiente, realizando esta actividad desde hace 13 años, ha solicitado un préstamo a Edpyme Alternativa de 1500 nuevos soles para la compra de una destiladora a motor y asi moler más y lograr destilar mayor cantidad de aguardiente y de esta manera generar mayores ingresos, aumentar sus ganancias y asi también poder mejorar su calidad de vida.

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
  • 86
    View loans »
    Peru Loans Fundraising
  • $55,204,125
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $550 helped Juan to buy a motorized distiller.
62% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2014
Listed
Aug 22, 2014
Currency Exchange Loss:
Possible