Percy


Status: Paying Back

$350.00   Loan Amount
0% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $350.00
Loan Use: Purchase of Fertilizer
Repayment Term: 10 months - View details below
Lenders Repaid: At end of term
Currency Exchange Loss: Possible
Date Listed: Sep 25, 2009
Date Disbursed: Aug 26, 2009
Date Funded:Sep 26, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8808 PEN = 1 USD



Percy is 26 years old, and lives in his parent’s house with his mother and his brothers. Since he was very young, he learned agricultural work. His rural origins have given him the abilities to plant and harvest the diverse products of his region, such as potato, corn, peas, wheat, and broad beans, among others. A year ago, he decided to dedicate himself to this activity independently. Through constant dedication and the arduous care he bestowed on his crops, his first harvest was successful. This encourages him to continue and further dedicate himself to agriculture.

This is the fifth time that he has a loan at MFP. He has work experience in communal banks, and that is why he is committed to being punctual in his payments. The money that he asks for will be invested in the purchase of sacks of fertilizer for his planting season.

Translated from Spanish by Patrick Clarke, Kiva Volunteer


Percy tiene 26 años, vive en la casa propia de sus padres con su madre y sus hermanos. Desde muy niño ha aprendido las tareas agrícolas sus orígenes rurales le han dotado de habilidades para dedicarse a la siembra y cosecha de diversos productos de su zona como la papa, maíz, arveja trigo, habas entre otros y desde hace 1 año decidió dedicarse a esta actividad de manera independiente, por la dedicación constante y el arduo cuidado que le otorgo a sus cultivos su primera experiencia de su cosecha fue exitosa por lo que le da ánimos de continuar adelante y seguir dedicándose a la agricultura.
Esta es la quinta vez que tiene un crédito en MFP tiene experiencia de trabajo en bancos comunales por lo que se compromete a ser puntual en sus pagos. El dinero que solicita será invertido en la compra de sacos de abono para su época de siembra.

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Top Lending Teams for this entrepreneur


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1 Member

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Journal entries for Percy


Loan has been disbursed
 
Entrepreneur: Percy
Location: Huancayo, Peru

Thank you for your loan. It has been disbursed to Percy by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 8 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Huancayo, Peru
Sep 28, 2009
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Kiva Help Repayment Schedule for Percy

  Expected Repayments Actual Repayments Comments
June 2010 $350.00 Available Jun 1