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Erik
Erik is 26 years old and is an enterprising young man with many plans for the future. He is married to Zaida, who is 24, and together they have a child. The family lives with Erik's parents in their house. Erik's little daughter is the one who keeps him going, she is his greatest motivation. Beginning at 5 in the morning, Erik works raising potatoes, corn and other vegetables. He is helped by his wife and some other workers who help till the soil and care for the plants.

The most difficult part of Erik's work is having to water the fields at night, and having no time to rest. He is compensated, however, by the income that he brings in from the sale of the vegetables he harvests. Thanks to this income he was able to buy furniture for his house and was able to buy another plot of land, in order to gain yet more income. Erik and his wife plan to buy a house with a large amount of land for growing food, and also a truck to take their products to the markets in their city.

This is Erik's third loan with MFP [the Kiva field partner], and he hopes to use it to improve his ventures in agriculture and his finances. He also wants to keep working with his communal bank, because the other group members are on time in their payments. With the 1000 Peruvian Soles he is asking for, he will buy many bags of fertilizer and a container of cabbage seeds.
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Erick tiene 26 años, es un joven emprendedor con muchos proyectos futuros, está casado con Zaida de 24 años, con quien tiene una hija, y juntos viven en la casa de sus padres. El motor de su vida es su pequeña hija, su mayor motivación, que desde las 5 de la mañana trabaja en sus cultivos de papa, maíz y hortalizas, por lo que también es apoyado por su esposa y algunos operarios, que trabajan removiendo y cuidando dichos cultivos. Parte de esta labor que realiza, lo más dificultoso es tener que regar por las noches, sin tener ningún tiempo de descanso, sin embargo es compensado, con las ganancias que obtiene de la venta de verduras que cosecha, gracias a ello, pudo comprar los muebles para su vivienda y la obtención de otro terreno, para asegurar más ingresos económicos. Es así que Erik y su esposa, planean comprar una casa que tenga un terreno amplio para cultivo e incluso una camioneta para trasladar su producción hacia los mercados de su ciudad. Este es su tercer crédito con MFP, por lo que espera mejorar su actividad agrícola y su economía. Por otro lado desea continuar trabajando con su grupo comunal, por ser personas muy puntuales en sus pagos. Con los mil nuevos soles que solicita, piensa comprar varios sacos de abono y una lata de semilla de col.

About Peru

  • $12,000
    Average annual income
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Erik to buy cabbage seeds and fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 16, 2010
Listed
Mar 20, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010