Funded

Total loan: $950
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Andres

Peru
Ayacucho, Peru / Electronics Repair

A loan of $950 helped to buy building materials to expand his work premises.


Andres's story

36-year-old Andrés is married to Marleny who is 25. The couple have two children and live in their own home, in Llochegua district. Andrés is an electrician who has been in this line of work for more than eight years. He thanks God for giving him this ability to solve the problems presented by every piece of equipment. He gets up very early in the morning to serve his customers and make progress with the jobs that they leave him. He usually works together with his beloved wife in the workshop that they have. Andrés is very well recommended for the work that he does because he does it efficiently. For this reason, he receives a good income and is never short of customers. He is happy with the work that he does because it makes him good profits. Andrés is planning to expand his work premises so that his customers feel comfortable as they visit him from villages that are a long way away and he doesn't have space for them to sit down while he is fixing their appliance or piece of equipment. Andrés' customers are important to him.

This is Andrés' second loan from MFP and he pledges to make his repayments on time. He will invest his 2,500 soles in expanding his work premises.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: February 10, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: February 10, 2012
Facilitated by Field Partner: Microfinanzas Prisma