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Update on Eduardo

Eduardo is 49 years old. He lives with his partner and a son in Olmos district, in a settlement near the urban part of the district. It is a farming area with quite a bit of commercial agriculture. It is part of Lambayeque province and located more than an hour and a half from the city of Chiclayo.

He raises and sells sheep and goats. He has been in this business for many years, and is extremely knowledgeable in this field. He buys animals from his neighbors and acquaintances and raises them at his home. When they have attained a good size and weight, he sells them in the city of Chiclayo.

Eduardo is requesting a loan of 1,000 nuevos soles to buy more animals and balanced feed. With this investment, he will be able to increase his income, in order to better meet his family's expenses.

He has previously had a loan financed by Kiva and it went quite well. Now he wishes to continue his growth as a businessperson and has again drawn upon Kiva funding so that he can move forward.

He is quite grateful to the people who helped him at that time, and also thanks in advance the people who will help him on this occasion.
View original language description ↓
Eduardo tiene 49 años de edad. Vive con su pareja y un hijo en el distrito de Olmos, en un caserío cerca de la zona urbana del distrito, la zona es agrícola y bastante comercial, pertenece a la provincia de Lambayeque y se encuentra situada a más de una hora y media de la ciudad de Chiclayo.

Se dedica a la crianza y comercialización de ganado ovino y caprino. Esta actividad la realiza desde hace muchos años. Conoce a la perfección el rubro. El adquiere animales de sus vecinos y conocidos, los cría en su vivienda y cuando ya han alcanzado un buen tamaño y peso, los vende en la ciudad de Chiclayo.

Eduardo solicita un préstamo de 1000 nuevos soles para comprar más animales y alimento balanceado. Con esta inversión, podrá aumentar sus ingresos mejor cubrir sus gastos familiares. Anteriormente ha tenido un préstamo financiado por Kiva y le ha ido bastante bien, ahora desea seguir creciendo como empresario y ha recurrido nuevamente a Kiva para salir adelante. El se encuentra bastante agradecido con las personas que le ayudaron en su momento y también agradece de antemano a las personas que le ayudarán en esta ocasión.

Previous Loan Details

Eduardo, age 48, lives with his wife and son in the in the district of Olmos in a small village near Olmos, a rather busy agricultural zone in Lambayeque Province. He is situated more than one hour and a half from the city of Chiclayo. Eduardo raises and sells sheep and goats. He has been... More from Eduardo'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
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Eduardo to buy more animals and balanced feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 30, 2012
Jun 29, 2012
Currency Exchange Loss:
Jun 21, 2013