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Juanito
Juanito is 46 years old and lives in his own home alongside his wife Elena, 42, and three of his seven children. The rest of his children are grown. For twenty years, Juanito has farmed bananas, achiote [a small tree grown for its rust-colored seeds] and coffee on his own land. What upsets him is not having sufficient working capital to buy himself a ranch, but he loves farm work.

Juanito remembers how his father taught him all of the farming techniques that he now uses and proudly teaches them to his children so as to not lose the family tradition. For farm work, he counts on the help of his wife and children because the good profits that they receive in agriculture enable them to live comfortably and to take care of some expenses.

An entrepreneurial man, Juanito has planned to continue to plant large quantities of all of his products that grow in Peru’s Central Jungle. This is the second loan that he has with Microfinanzas Prisma and he commits to making his payments on time as he has done so far because he wishes to continue working with his community bank. Juanito has planned to invest the money from the loan to buy several sacks of fertilizer that he needs to take care of his next sowings.
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Juanito, de 46 años, vive en su casa propia al lado de su esposa Elena (42), y 3 de sus 7 hijos, pues el resto son mayores de edad.Desde hace 20 años cultiva plátanos, achiote y café, en sus terrenos propios, lo que le disgusta es no tener capital de trabajo suficiente para comprarse una hacienda, pero ama la labor de campo. Recuerda como su padre le enseñó todas las técnicas agrícolas, que ahora practica y enseña a sus hijos con mucho orgullo, para no perder la tradición familiar. Para la labor agrícola cuenta con la ayuda de su esposa y sus hijos, porque las buenas ganancias que perciben en la agricultura le alcanzan para vivir cómodamente y también para asumir algunos gastos. Como es un hombre emprendedor tiene planeado continuar plantando en mayor cantidad todos sus productos que se desarrollan en la selva central.Este es el segundo préstamo que tiene con MFP, y promete seguir pagando puntualmente sus cuotas, como hasta ahora lo hace, porque quiere continuar trabajando con su banco comunal.Juanito tiene planeado invertir el dinero del préstamo en comprar varios sacos de abono que necesita para cuidar sus próximas siembras.

About Peru

  • $12,000
    Average annual income
  • 84
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Juanito purchase of Fertilizer for Crops.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 3, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011