Funded

Total loan: $575
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Fredy Miguel

Peru
Ica, Peru / Grocery Store

A loan of $575 helped to buy merchandise (groceries and drinks).


Fredy Miguel's story

Fredy Miguel is a very tenacious man. He is 53 years old and lives in the city of Ica, Peru. He is very charismatic and, above all, he always greets people with a smile. In his free time, he enjoys reading books. He tells us that it helps him to clear his head when he is in a bad mood. He very much enjoys eating a traditional Peruvian dish called "tallarines con causa rellena". Fredy studied business management. He is married and has a 16-year-old son who is in the fifth year of his secondary education. Fredy's wife works as a homemaker but she is his right-hand woman as she always supports him in everything he does.

Fredy works in his store, selling groceries and soda. He works in this business for around 10 hours a day. He puts in a lot of effort. He also works as a school administrator and he has to work hard because "if not, how can you live and, above all, how can you provide for your family?' Fredy asks. He believes that his business is doing well thanks to the good service he offers and the quality of the products he sells.

Fredy is very grateful to Kiva lenders because, thanks to their support, he will be able to buy more merchandise for his business and have a greater variety of products to sell. He will improve his income which will allow him to save up and fulfill his biggest dream: to own his own home.

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

14 months
Disbursed date: January 11, 2012
Facilitated by Field Partner: Caja Rural Señor de Luren

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 11, 2012
Facilitated by Field Partner: Caja Rural Señor de Luren