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Armando
Armando is 38 years old and lives in a rented house with his partner, who is the mother of his two children. For more than 18 years he has bought and sold cattle (native-born bulls and cows). After he makes each purchase, he feeds the cattle until they reach the proper weight. Then he sells them by the kilo to a butcher shop. He sell the bulls at another price, given that they are more in demand for use in plowing fields in the primarily agricultural zone in which he lives. Armando is very happy with his business, where he has learned through the years to obtain the largest financial returns in order to pay for his children's education.

This is his fourth loan through Kiva partner MFP, with whom he is very comfortable. He is grateful to his communal bank for providing the services that allow him to improve his quality of life. The proceeds of the loan he is now requesting will be invested in the purchase of two young bulls.
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Armando tiene 38 años, vive con su pareja y madre de sus dos hijos en una casa arrendada. Por más de 18 años se dedica a la compra y venta de ganado (toros y vacas de raza criolla). Una vez realizada tal adquisición, procede a alimentarlos hasta que crezcan y tengan el peso adecuado, posteriormente los vende por kilo (vivos) a una carnicería. En el caso de los toros, los vende a otro precio, ya que son más demandados por ser útiles para el arado, siendo su zona netamente agrícola. Por ello, Armando se siente muy feliz con su actividad, donde con el paso de los años ha ido aprendiendo cómo comercializar cada uno de sus animales para obtener mejores ganancias y pueda solventar la educación de sus hijos.
Este es su cuarto préstamo con MFP, donde se siente muy cómodo y a la vez agradecido a su banco comunal, pues esta metodología le permite mejorar su calidad de vida. El dinero que ahora solicita lo invertirá en la compra de dos becerros.

About Peru

  • $6,715
    Average annual income
  • 80
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD