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Julio
Julio is 36 years old and married with one son who attends school. The family lives together in the beautiful jungle near Cusco, located at the top of the Peruvian jungle zone. They have their own home there made from adobe. Initially, the agricultural business that Julio had wasn't bringing in enough money. However, after some time he was able to turn things around. Today, the largest wholesalers ask for the cocoa he grows due to the quality he offers, and this has enabled Julio to earn the income he needs to support his family. He runs his small business and cultivates his cocoa crops together with his wife, but during harvest time he needs to hire additional laborers. Julio usually sells his cocoa in the central markets of his community, and his daily routine is to work from 7 in the morning until 6 in the evening. His future plans include opening his own shop to generate more income. This will be Julio's third loan with MFP, and he commits to continue making his payments on time. He also emphasizes the good work that the communal bank does. With the loan he is requesting, Julio will purchase supplies and fertilizer needed to give his cocoa crops adequate care.
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Julio, de 36 años de edad, está casado y tiene un hijo en etapa escolar. Juntos viven en la hermosa selva cusqueña, ubicada en la ceja de la selva peruana, donde tienen su propia casa a base de adobe. En un inicio, el negocio agrícola que tenía no le daba buenos réditos, sin embargo y con el tiempo pudo superar tal problema; en la actualidad su producto de cacao es pedido por lo grandes mayoristas debido a la calidad que ofrece, dando como resultado la obtención de ganancias económicas, de esa manera pueda sostener a su familia. Es por ello que trata de estar en su chacra labrando y cuidando sus cultivos de cacao conjuntamente con su esposa, solo que en tiempo de cosecha necesita de sus peones para que de esa manera puedan facilitarlo en la extracción y selección de su producto agrícola. Normalmente su producto los vende en los centros de acopio de su misma comunidad, y su rutina diaria es a partir de las 7:00 de la mañana hasta las 6:00 de la tarde. Su plan a futuro es abrir una tienda para así obtener nuevos ingresos. Este es su tercer crédito con MFP, por el cual se compromete a seguir pagando durante las fechas pactadas, además hace hincapié al buen desempeño que tiene su banco comunal. Con el crédito que solicita lo piensa invertir en la compra de insumos y abono para dar el cuidado adecuado a sus plantaciones de cacao.

About Peru

  • $6,715
    Average annual income
  • 63
    View loans »
    Peru Loans Fundraising
  • $54,555,200
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Julio to purchase supplies and fertilzer needed to take care of his cocoa crops.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 14, 2010
Listed
Aug 15, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011