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Olin
21 year old Olin is a good and hardworking man. He is married to 19 year old Yeny, and the result of their great love, Oliver, was born 3 months ago. The three live in a rented house in the Peruvian jungle (Comunidad Nativa Centro Punpuriani). every morning, in the first hours of the day, he goes to work his land, where he grows bananas and yucca. He planted his land two years ago with great care and effort. They will soon start harvesting and then sell the produce to buyers who come to the community all the time. What he likes most about farming is to see that his efforts have good results, and even though he has been in farming for only a short time, Olin is doing very well. He already has 3 more blocks of land ready to be planted, where he will sow coffee and very soon he will build a house for his wife and son. This is his first loan from MFP and he is happy to be part of the community bank as it gives him the opportunity to grow and invest. He will use the loan to buy fertilizer for the three blocks of land that he is planting.
View original language description ↓
Olin, de 21 años, es un hombre bueno y trabajador, está casado con Yeny, de 19 años, producto de su gran amor nació Oliver de 3 meses de nacido; los tres viven en su casa alquilada ubicada en la selva peruana (Comunidad Nativa Centro Punpuriani).Todas las mañanas, desde las primeras horas del día se dirige a su terreno de cultivo, donde cuida su cultivo de plátanos y yuca; que hace dos años viene plantando con mucho esmero y cuidado. Muy pronto empezará la cosecha para luego ser vendidos a los comerciantes que vienen constantemente a la comunidad. lo que más le gusta de sembrar es poder ver como su esfuerzo tiene buenos resultados y pesar de tener poco tiempo en la agricultura a Olin le va muy bien, ya tiene 3 cuadras de terreno listos para ser sembrados, ahí sembrara café y muy pronto construirá una casa para su esposa e hijo. Es el primer crédito con MFP y está contento de integrarse a su banco comunal ya que le dio la oportunidad de poder crecer e invertir. Con el crédito que solicita, lo invertirá en la compra de abono y fertilizantes para las 3 cuadras de cultivo que esta sembrando.

About Peru

  • $6,715
    Average annual income
  • 107
    View loans »
    Peru Loans Fundraising
  • $56,083,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Olin to buy fertilizer to improve his crops.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 10, 2010
Listed
Oct 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011