Funded

Total loan: $600
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Gilbert

Peru
Ayacucho, Peru / Carpentry

A loan of $600 helped to buy saws and spare parts.


Gilbert's story

Gilbert’s a talented, 28-year-old man who works to support his parents. He still does not have a home of his own but he’s still hopeful. He owns a wood house that he built himself a few years ago and that he feels very proud to have made. Since about 8 years ago, despite his young age, he decided to start the hard work of running his own business in order to become a business promoter in his zone. This is how he’s become a manufacturer of wood fruit crates. He relates that he likes the process very much from the cutting to the building of the crates even though the work is tiring because he must collect from forests that are constantly reforested.

He’s noted that demand for his crates has increased recently and he needs to make some changes to his workshop from changing the electrical system from monophasic to triphasic to acquiring electric saws to make work easier. This is his 2nd loan and he commits to make all his payments. He also comments that he likes relating to his fellow communal bank members because he’s noticed that they are a very united group he enjoys working with. He will use the 1,500 soles to buy parts needed to change the electrical system in the workshop as well as to make the down payment on a professional, electric saw among others to make work in the workshop flow more efficiently.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

10 months
Disbursed date: October 5, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: October 5, 2012
Facilitated by Field Partner: Microfinanzas Prisma