This loan has been FULLY FUNDED by 17 lenders!

Jesús
|

Status: Paying Back

$700
Loan Request
Pre-Disbursed : Sep 9, 2009
Listed: Oct 11, 2009
Funded: Oct 13, 2009
Looking for a Fundraising Loan?
0% repaid

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About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Pucallpa, Peru   Repayment Term: 10 months
(more info)
Activity: Agriculture   Repayment Schedule: At end of term
Loan Use: To buy fertilizer   Currency Exchange Loss: Possible
      Default Protection: Covered
Jesús, aged 49, is a single father who lives with his only son, aged 12, who attends school. He owns the house in which they live. He has been raising cattle for 20 years. He has 50 cows and 20 calves. In the back of his field he has planted 10 hectares of trees for palm oil production. Jesús likes his work because thanks to his effort and continuous hard work he can meet his goal to provide for everything that his son needs, whom he wants to become a professional worker. On the other hand, his business is highly profitable, because his animals, mainly milk cows, produce enough milk to allow him to sell every second day 20 to 40 boxes of milk to a dairy. And he sells also every fortnight his palm oil to an oil company.


He has had 11 loans with Microfinanzas Prisma. In his communal bank he likes that all the members get along fine and are quiet and very responsible persons.

Translated from Spanish by Robert Mouris, Kiva Volunteer


Jesús tiene 49 años, es padre soltero y vive con su único hijo de 12 años, quien está estudiando. La casa que habitan es propia. Desde hace 20 años se dedica a la ganadería, tiene 50 cabezas de ganado vacuno y 20 becerros, además en la parte posterior de su terreno cuenta con 10 hectáreas de palma aceitera. Lo que le gusta a Jesús de su trabajo es que gracias a su esfuerzo está consiguiendo sus objetivos, sobre todo labora muy arduamente para darle todo lo necesario a su hijo, a quien quiere ver, más adelante, convertido en un profesional. Por otro lado, su negocio le es muy rentable porque sus animales, que en su mayoría son vacas productoras de leche, producen lo suficiente para vender su producto (de 20 a 40 cajas de leche) cada dos días a una empresa lechera. Y la palma también le produce cada 15 días, vendiéndola a una empresa aceitera.
Con MFP ya tiene 11 préstamos y lo que le gusta de su banco comunal es que entre todos los integrantes se entienden, son personas tranquilas y muy responsables. Con MFP ya tiene 11 préstamos y lo que le gusta de su banco comunal es que entre todos los integrantes se entienden, son personas tranquilas y muy responsables.

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About the Country

Country:Peru
Avg Annual Income:$6,715
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8710 PEN = 1 USD
17 Lenders to this Entrepreneur

Luigi
Roma, RM
Italy

Laurent D
Brussels,
Belgium

Pat and Chloe
Monroe Township, NJ
United States

Andrew
Alberta
Canada

Sarah
Chicago, IL
United States

hanil
Chungnam-Do, South Korea
Korea, Republic of

Matthew
Seattle, WA
United States

Anonymous
West Des Moines, IA
United States

Huang
289,
Taiwan

Jason
Frisco, TX
United States

Kay
Hamburg, Germany
Germany

Will
Auckland City, Auckland
New Zealand

Anonymous
Menlo Park, CA
United States

Andreas & Knut (Germany)
Köln,
Germany

Anonymous
San Francisco, CA
United States

Christina
Baraboo, WI
United States

Juney
Gurnee, IL
United States



Top Lending Teams for this Entrepreneur


Kiva Team Germany
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694 Members

University of Wisconsin - Milwaukee
Colleges/Universities
8 Members

Team Europe
Local Area
1528 Members

Journal entries for Jesús


Subject: Loan has been disbursed
Location: Pucallpa, Peru

Thank you for your loan. It has been disbursed to Jesús by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 7 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Pucallpa, Peru
Oct 14, 2009
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Kiva Help Repayment Schedule for Jesús

  Expected Repayments Actual Repayments Comments
July 2010 $700.00 Available Jul 1