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Francisco
Francisco is 47 years old. He lives with his his partner and has one child under his care. He lives in the community of Palestina, located in the beautiful Cuzco rainforest, where he has his own house. He has been working in agriculture for more than 30 years, growing cacao and coffee. The reason why he entered into this area is that he saw that the vast majority of his competitors didn't produce their agricultural products on a large scale. In addition, the wholesalers who stockpiled the coffee and cacao didn't acknowledge the financial worth of the products. That is why Francisco wants to produce in quantity and in quality, with the goal of selling at a fair price. Today, at 47, he considers himself to have reached one of his goals of becoming a community leader thanks to his constant efforts. Nonetheless, he does not want to rest. That is why he has plans to increase his market in other strategic areas, buying large crop areas. The idea is to minimize cost and time when it comes time to transport and sell his products in the warehouses in the community. This is his third loan with MFP and he is committed to complying with his payment schedule. In addition, he feels supported by his community group because of the committment and responsibility he has with it. With the loan he is asking for he will buy materials and fertilizers to improve his cacao and coffee crops. This way, he can avoid the diseases that affect his crops.
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Francisco tiene 47 años de edad, convive con su actual pareja y tiene un hijo en su haber. Reside en la comunidad de Palestina, ubicada en la hermosa selva cuzqueña, donde tienen su propia casa. Hace más de 30 años se dedica a la actividad agrícola, vale decir, al cultivo de cacao y café. La razón por el cual incursionó en este rubro, es que detectó que la gran mayoría de sus competidores no producían sus productos agrícolas a gran escala, además que los mayoristas que acopiaban los productos de café y cacao, no le reconocían económicamente el valor que merecía sus productos. Es por ello que Francisco desea producir en cantidad y calidad, con el propósito de vender a un precio justo. Hoy a sus 47 años, considera que ha cumplido su meta de ser uno de los lideres en su comunidad, esto gracias al esfuerzo constante, sin embargo no quiere conformarse, por lo que tiene pensado ampliar su mercado en otras zonas estratégicas, comprando amplios terrenos de cultivo, con la finalidad de minimizar costo y tiempo a la hora de trasladar y vender sus productos a los centros de acopio de su misma comunidad. Este es su tercer crédito con MFP, por el cual se compromete a cumplir con su cronograma de pagos, además se siente respaldado por su grupo comunal por lo compromiso y responsabilidad que tiene consigo. Con el crédito que solicita, le servirá para comprar insumos y abonos para que mejore sus plantaciones de cacao y café, de esa manera evitaría las plagas que afectan sus plantaciones.

About Peru

  • $12,000
    Average annual income
  • 131
    View loans »
    Peru Loans Fundraising
  • $57,912,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Francisco to buy fertilizer to protect his cacao and coffee crops.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 22, 2010
Listed
May 12, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011