A loan of $750 helped to buy cattle and poultry.

Angel Miguel's story

Ángel is 43, married, and lives with his wife and two children. He has his own house, located in the settlement called "Sequion", a small village where the inhabitants make their living selling cattle and farming. The village is part of Olmos district, approximately two hours from the city of Chiclayo.

Ángel has raised livestock for a long time, and currently he raises, fattens, and sells livestock. He travels to all the neighboring villages looking for sheep, goats, and cattle to buy and then fatten and sell in Chiclayo market. He has the help of his wife and children for raising them, since as a family, they have always supported one another in their businesses, so they work together.

Now he is applying to Edpyme Alternativa for a loan of 2,000 nuevos soles, that he will use to buy smaller animals such as poultry and cattle. This enables him to increase his working capital and satisfy all his customers. He is a repeat client who demonstrates a very good payment record with respect to his scheduled installments.

He used these loans to invest in his business and in improvements to his home.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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