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César
César is 30 years old, single, and lives with his mother and siblings in his parents’ home. He is a young man who has worked for more than 2 years selling nutritional products by a well-known brand. He dedicates every day to building his customer base by traveling door-to-door so he can add clients and meet the goals he has set for himself. With this business, he can buy the necessary items to sustain himself and his mother and his goal is to have his own things and be a successful businessman. The greatest difficulty is when he travels the long routes to attract new customers, which is very tiring; however, he is rewarded by the satisfactory feeling he gets from generating income. This is the fourth time César is requesting a loan with MFP and, over this period of time, he has demonstrated himself to be punctual with his payments. This has been favorable for him because his cooperative bank feels confident enough in him to allow a renewal of his credit. With the funds he requests, he will invest in the purchase of more merchandise so he can continue to grow his business. Each bottle he sells is valued at 100.00 Peruvian soles, and he buys these at wholesale for 75.00 Peruvian soles. With this loan, he will purchase one case containing 46 items.
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César tiene 30 años, es soltero y vive con su madre y sus hermanos en la casa de sus padres. El es un joven que trabaja desde hace más de 2 años vendiendo productos de nutrición de una línea de reconocida trayectoria en la región, dedica todos los días a buscar nuevos clientes mediante encuestas de casa en casa, de las cuales obtiene nuevos clientes y de esa manera supera las metas que él mismo se propone. Con este negocio puede adquirir lo que necesita para sostenerse él mismo y a su madre, su meta es tener sus propias cosas y en un futuro ser un empresario próspero. La mayor dificultad es cuando camina largas rutas para conseguir nuevos clientes, lo cual es muy cansado, pero que es muy bien recompensado por la satisfacción que siente de generar ingresos económicos. Es la cuarta vez que César está solicitando un préstamo con MFP, y durante este tiempo ha demostrado ser puntual en sus pagos, lo que ha favorecido bastante para que su banco comunal sea merecedor de una renovación de crédito, ya que el nivel de confianza es suficiente. Con el dinero que solicita invertirá en la compra de más productos para de esa manera incrementar sus ventas. Cada frasco que vende está valorizado en 100 soles, de los cuales, él compra al por mayor a 75 soles, con este préstamo adquirirá una caja con 46 productos.

About Peru

  • $12,000
    Average annual income
  • 117
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 3.2
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped César to increase the quantity of products that he sells.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2008
Listed
Jan 13, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010