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Lorenzo
Lorenzo is a 24 year old single man. He currently lives in his grandmother’s house. He feels a great love for her because she took care of him after his mother abandoned him when he was a boy. His grandmother taught him about responsibility and work.

He devotes himself to planting coffee, bananas, and chilies. At the same time, he is studying for a career in the agricultural industry. He goes to a technology institution in the city every day from seven in the morning until one in the afternoon. To do so, he travels two hours by car. When he returns home at three or four in the afternoon, he takes care of his crops. On the week ends he gathers his bananas, which he sells for 5 soles for twenty-five pounds (12 kilos) to the buyers who come to his farm.

His dreams for the future are to proudly finish his career, and to fully devote himself to his crops. They are his only source of income. That is why he values and takes care of each one of his plants.

This is his third loan with MFP, where he is recognized for his responsibility. When he cannot attend a meeting of his communal bank, he gives the money for his payment to the treasurer. The money from the loan he is now asking for is to plant chilies on another one of his farms.
View original language description ↓
Lorenzo es un joven soltero de 24 años, actualmente vive en la casa de su abuela, por la que siente un gran amor porque lo cuido desde niño tras el abandono de su madre y le enseñó la responsabilidad y el trabajo. Él se dedica a la siembra de café, plátanos y ají, paralelamente estudia la carrera de Agroindustrias, diariamente de 7 de la mañana a 1de la tarde, en un instituto tecnológico de la ciudad. Para ello, viaja durante dos horas en carro y cuando regresa a su casa a las 3 ó 4 de la tarde cuida de sus cultivos y los fines de semana se dedica a la recolección de sus plátanos, los cuales vende, a 5 soles la arroba (12 kilos), a los compradores que van hasta su chacra. Sus sueños a futuro son de de terminar airosamente su carrera, dedicándose plenamente a sus cultivos, que son su única fuente de ingresos económicos, por ello estima y cuida a cada una de sus plantas.
Este es su tercer crédito con MFP, donde se le reconoce por su responsabilidad, pues cuando no puede asistir a la reunión de su banco comunal, deja el dinero de su pago al tesorero. El dinero que ahora solicita lo invertirá en la siembra de ají en otra de sus chacras.

About Peru

  • $12,000
    Average annual income
  • 101
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lorenzo to prepare his land for the next planting.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 8, 2009
Listed
Oct 8, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010