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Patricio
Patricio, 43, lives with his wife and the youngest of his 4 children in their own house. For the past 25 years he has grown potatoes that are native to this area, and he also sells animals such as cows and sheep. This work has generated income that is necessary to support his family. He says that he is grateful for his work, although often it is a sacrifice since it requires a lot of physical effort. Also there have been times that he has had losses because of the instability of the market which doesn’t give him good earnings. With time he has been able to get over these issues, looking for alternatives so that his income improves by taking advantage of the sales of the animals. That is why he will continue with his aim of increasing the agricultural production.

This is his first loan with MFP. He is very happy to know that he has financial support. Besides he enjoys being part of the communal group because all of the members are responsible and supportive. He thanks the people who will offer the loan that he is requesting because it will be very useful in the progress of his business. With the loan that he is requesting, he will buy fertilizer and products to control the infestation of insects that can affect the farm.
View original language description ↓
Patricio tiene 43 años, vive con su esposa y el menor de sus 4 hijos en su casa propia. Desde hace 25 años siembra papa nativas de su zona, además vende animales como ovejas y vacas; actividades que la han generado ingresos económicos, necesarios para mantener a su familia. Manifiesta que le agrada su trabajo, aunque muchas veces suele ser sacrificada porque requiere de mucha fuerza física, además hubo varias oportunidades que tuvo pérdidas por la inestabilidad de precios en el mercado, que no le permitían buenas ganancias. Con el tiempo ha sabido superar estos inconvenientes, buscando alternativas para que sus ganancias sean satisfactorias apoyándose con la venta de animales. Por esta razón continuará adelante con el objetivo de mejorar su producción agrícola. Es su primer crédito con MFP, esta muy contenta de saber que tiene un apoyo financiero, además le agrada ser parte de su grupo comunal porque todos sus integrantes son personas responsables y muy solidarias, agradece aquellas personas que serán gestoras del préstamo que solicita y le será muy útil en el progreso de su negocio. Con el crédito que solicita, lo invertirá en la compra de abono e insumos que ayude a controlar la plaga de insectos que puede afectar su plantación.

About Peru

  • $12,000
    Average annual income
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Patricio to buy sacks of fertilizer and products to control insect infestation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 19, 2010
Listed
Aug 17, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011