Funded

Total loan: $725
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Fermin

Peru
Oyotún - Chiclayo, Peru / General Store

A loan of $725 helped to buy basic goods and groceries to expand his sales business.


Fermin's story

Fermin is 61 years old and lives together with his wife in the village of Chilcal Alto in the district of Oyotún. This is an agricultural region located more than an hour and forty-five minutes from the city of Chiclayo. It is chiefly noted for its rugged terrain owing to its proximity to the country's northern mountains.

Fermin sells basic goods and groceries in a small grocery store in his home. There he provides his customers with all sorts of daily-use products for which they would otherwise have to travel to town. His business is very popular because he always serves his customers in a friendly manner and offers them good quality products.

Fermin would like to expand his business by buying more products so that he can expand his sales and make more income. This is why he is requesting a loan for 2,000 nuevos soles from Edpyme Alternativa. He believes that it will help him achieve his goal.

Fermin is quite a well-known and well-respected person in his area. People who know him consider him to be a calm and responsible person.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

14 months
Disbursed date: October 6, 2010
Facilitated by Field Partner: Edpyme Alternativa

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 6, 2010
Facilitated by Field Partner: Edpyme Alternativa