Alberto


Status: Paying Back

$975.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Alberto
Location: Tarma, Peru
Activity: Agriculture

About the Loan

Loan Amount: $975.00
Loan Use: To buy seeds for peas.
Repayment Term: 12 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Covered
Date Listed: Apr 19, 2009
Date Disbursed: Mar 24, 2009
Date Funded:Apr 19, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.1050 PEN = 1 USD



Alberto is 42 years of age, has been married for eight years, and has seven children of whom two are now living away from home. Agricultural work is part of his life. He is a noble and charismatic man, but above all he is very devoted to his farming. When we visited him, we found him harvesting potatoes at seven in the morning and smiling with the joy that this chore brings him. Afterward, he gets his produce ready and transports it to be sold in the city markets. Growing potatoes is very profitable for Alberto. Although it's a lot of work to produce them, he feels very satisfied with the prices at market. This motivates him to continue planting them, in order to improve the quality of life for his young children. Alberto plans to increase his plantings but he doesn't have his own fields. This doesn't discourage him. He will continue farming on rented farmland until he is able to buy his own. His wife usually attends the meetings of his communal bank because he is working in his fields. This is his seventh loan with Microfinanzas PRISMA and in all of that time he has shown himself to be a very punctual client. The funds he is requesting will be invested in the purchase of seeds for peas in order to grow them in the field once the potatoes are harvested.


Translated from Spanish by Daniel Kvaka, Kiva Volunteer


Alberto de 42 años de edad, está casado hace 8 años, tiene 7 hijos, de los cuales 2 de ellos ya viven fuera de casa. Las labores agrícolas son parte de su vida, es un hombre noble y carismático, sobre todo muy entregado a cada uno de sus cultivos. Cuando lo visitamos, lo hallamos a las 7.00am realizando la cosecha de papa, sonriendo por la alegría que le trae esta faena, después alista y transporta su producto para comercializarlo en los mercados de la ciudad. La siembra de papa es muy rentable para Alberto, aunque tenga que trabajar mucho en el desarrollo de este tubérculo, se siente muy complacido por los precios del mercado, esto lo motiva a seguir sembrando para mejorar la calidad de vida de sus hijos menores. Los planes de Alberto son de incrementar sus cultivos, pero carece de tierras propias, esto no lo desanima, pues seguirá sembrando en chacras alquiladas hasta que pueda comprarse las suyas. Generalmente para las reuniones de su banco comunal, asiste su esposa, porque él está trabajado en sus chacras. Este es su 7mo crédito con MFP, y en todo este tiempo a demostrado ser un cliente muy puntual. El dinero que solicita es para invertir en la compra de semillas de alverjas, para sembrarlas en la chacra cosechada de papa.

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Journal entries for Alberto


Loan has been disbursed
 
Entrepreneur: Alberto
Location: Tarma, Peru

Thank you for your loan. It has been disbursed to Alberto by Microfinanzas PRISMA in Peru. We are excited to watch this business grow. Over the 9 months of this loan, Microfinanzas PRISMA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tarma, Peru
Apr 20, 2009
Comment on this entry

Continuará trabajando con mucho empeñó en sus cultivos de papa y retomara sus cultivos de alverjas.
 
Entrepreneur: Alberto
Location: Tarma, Peru

Gracias al préstamo que le dieron a Alberto, logró comprar 10 sacos de fertilizantes químicos y una bolsa de arvejas para su respectivo cultivo. Sin embargo estos cultivos no le fueron rentables ya que por las continuas lluvias malograron la siembra. Ante esto optó por cuidar los cultivos de papa. Aún así no pierde las esperanzas de que la cosecha de papa le de buenos dividendos ya que desea cumplir con el pago de sus cuotas pendientes. Ante ello Alberto no deja de agradecer a la gente que le apoyo dándole el préstamo. Asimismo agradece a Microfinanzas PRISMA por el crédito que le otorgaron. En lo sucesivo continuará sembrando alverjas y papa por ser su única fuente de trabajo.


Posted by Betsabé Bruno Morales from Tarma, Peru
Oct 29, 2009
Comments (1)

Kiva Help Repayment Schedule for Alberto

  Expected Repayments Actual Repayments Comments
March 2010 $975.00 Available Mar 1