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Jorge is 32 years old, and he lives with his wife and three children in a rented house in the town of Llanco. He grows peas, potatoes, and flowers on a piece of rented land. He has been working in agriculture for five years, and he likes his job because he gets to travel constantly to the capital to sell the produce that he grows throughout the year. In the coming months he will plant flowers and potato because this is the season that they are in demand. "If you invest a little you make a lot," he says. Jorge is saving money to purchase his own land and thus earn more profit. With more profits he could buy a small house for his family. This is his fifth loan with MFP, and he is happy to belong to a community bank because he con share his experiences. He will use the loan money to buy seeds and fertilizer for his next planting.
View original language description ↓
Jorge de 32 años, vive con su esposa y sus 3 hijos en una casa alquilada, ubicada en el pueblo de Llanco. Trabaja sembrando arveja, papa y flores, en un terreno alquilado; ya son 5 años que se dedica a la agricultura y está muy contento con su trabajo, ya que viaja constantemente a la capital para vender las verduras que siembra durante el año; en estos meses sembrará flores y papa ya que es la temporada donde tiene mayor demanda, “se invierte poco y se gana mucho”, afirma. Jorge esta juntando dinero para poder comprar su propio terreno y tener mayores ganancias, de esa manera podrá adquirir una pequeña casa para su familia. Es el quinto crédito con MFP, y está feliz de pertenecer a su banco comunal donde puede compartir experiencias. Con el crédito que solicita, comprará semillas y abono para su próxima siembra.

About Peru

  • $12,000
    Average annual income
  • 127
    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 $550 helped Jorge purchase of pea seeds and fertilizer.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Sep 16, 2010
Oct 4, 2010
Currency Exchange Loss:
Jun 15, 2011