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Update on Pedro

Pedro is 50 years old, lives with his partner, and does not have any children. He has lived in his own home for 5 years, in the hamlet of Froilán Alma in the district of Las Lomas in Tambogrande. Pedro lives in the rural part of this district and only has basic services.

Pedro’s business is selling basic needs products like groceries, beverages, and cookies. He has this small store set up in his own home, where he tends to his loyal customers. He has engaged in this activity for five years.

He also raises goats and chickens in pens outside of his house, which he sells at the local market.

Pedro would like to purchase a motorcycle for personal transport since the neighborhood in which he lives is far from the town, and this makes it hard to develop his activities. These circumstances are why he is requesting a new loan for the amount of 2,500 soles.
View original language description ↓
Pedro tiene 50 años de edad, es conviviente y no tiene carga familiar. Vive en casa propia hace más de 5 años, en el Caserío Froilán Alama del Distrito de Las Lomas en Tambogrande. Pedro vive en la parte rural de este distrito y solo cuenta con servicios básicos.

La actividad que desarrolla Pedro es la venta de artículos de primera necesidad (abarrotes, bebidas, golosinas) en su propio domicilio, lo cual atiende diariamente a clientes conocidos de la zona, esta actividad la desarrolla desde hace mas de 5 años. Paralelamente se dedica a la crianza de animales menores como cabras y gallinas, las cuales comercializa en el mercado local.

Pedro desea comprar una moto lineal para su traslado personal ya que caserío donde vive queda alejado del pueblo, y esto dificulta el desarrollo de sus actividades, es por ello que para lograr su objetivo ha creído conveniente obtener un préstamo de 2500 nuevos soles.

Previous Loan Details

Pedro is 49 years old and single. He lives together with his mother in their own home which has piped water and electricity. Their home is located in Las Lomas district, approximately one hour from Piura department. The people in this area work in farming, livestock raising and commerce. So... More from Pedro's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $12,000
    Average annual income
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Pedro to purchase a motorcycle to get from his home to town.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 24, 2012
May 22, 2012
Currency Exchange Loss:
Nov 18, 2013