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William
William is 23 and lives in the home of a family member with his aunt and cousins. As a child, he started working the land that he inherited from his parents. Currently, with the help of his family, he is able to cover all of his land with potato crops, thus achieving his goal of generating his own income. However, when it is harvest time he hires labourers to help with the harvesting of his products. He says that he enjoys working in the fields, as this is his only source of income; furthermore, this activity has made him independent, so he hopes to continue farming more intensively. This is his first loan with MFP. He is very happy to know that he has financial support, and he is grateful to be part of his community bank because all of the members are responsible and very supportive people. He thanks those who will lend money toward this loan; it will be very useful in the progress of his activities. With the loan that he is requesting, he will invest in the purchase of bags of fertilizer in order to continue sowing potatoes.
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William tiene 23 años, vive en casa de un familiar con su tía y sus primos. Desde su niñez empezó a labrar la tierra, siendo ésta heredada por sus padres. Actualmente y con la ayuda de su familia, puede cubrir toda la extensión que tiene cultivando papa, de esa manera puede alcanzar sus objetivos de generarse sus propios ingresos, pero cuando es tiempo de cosecha contrata la mano de obra para que le faciliten la extracción de sus productos. Afirma que le agrada trabajar en el campo, por ser su única fuente económica, además que esta actividad lo independiza y por tal espera continuar así con la esperanza de intensificarse más. Es su primer crédito con MFP, esta muy contento de saber que tiene un apoyo financiero, además le agrada ser parte de su banco comunal porque todos sus integrantes son personas responsables y muy solidarias, agradece a aquellas personas que serán gestoras del préstamo que solicita y le será muy útil en el progreso de sus actividades. Con el crédito que solicita, lo invertirá en la compra de sacos de abono para continuar sembrando papa.

About Peru

  • $12,000
    Average annual income
  • 128
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped William to purchase bags of fertilizer to continue sowing potatoes.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 20, 2010
Listed
Sep 11, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011