Check out some available loans that are similar to this one!
Raimundo
Raimundo is 53 years old and a hardworking gentleman who is married to Teresa, age 49. They have five children, but only the three youngest ones live with them since they still need to be cared for and educated. He has his own home in the rural area of Santa Clara. Raimundo still has great vitality despite his age. With thirty years of farming experience, he has demonstrated that the important things are to maintain conviction and optimism, work hard, and pursue your goals. Now he wants to buy a house in the city of Tarma. In order to do this, he saves much of his earnings from each potato harvest. Raimundo has more than five hectares of farmland on which he grows several varieties of potatoes. Each month he earns a large profit that he reinvests to achieve a larger harvest the following month. In his community, he is known as a large-scale farmer. However, his new goals are to start planting corn, peas, and ulluco (various agricultural products).


This is his ninth loan with MFP and he is proud to be the oldest member of his Communal Bank, where he has helped other people get ahead. With the loan he will receive, Raimundo will buy organic fertilizers to apply to his crop of potatoes of the “unique” variety, which will be harvested in a few months.

View original language description ↓
Raimundo, de 53 años, es un hombre trabajador; está casado con Teresa, de 49 años, ambos tienen 5 hijos, pero solo vive con 3 de ellos, todos menores, a los que cuida y educa en su casa propia, ubicada en la zona rural de Santa Clara. A pesar de su edad, él se muestra con gran vitalidad. Sus 30 años en la agricultura, le demostraron que lo importante es mantener la convicción y el optimismo, trabajar duro y luchar por sus metas, ahora el desea comprar una casa en la ciudad de “Tarma”, por ello, en cada siembra de papa; está ahorrando mucho. Más de 5 hectáreas de terrenos agrícolas que tiene, produce papa de diversas variedades, y cada mes le dejan grandes utilidades, con los que Raimundo invierte para poder sembrar cada vez más. En su localidad es conocido por ser un agricultor a gran escala, pero sus nuevas metas son, incursionar en la siembra de maíz, arveja y olluco (productos agrícolas). Es el noveno crédito con MFP y está orgulloso de ser el miembro más antiguo de su banco comunal, donde ayudó a las personas a salir adelante. Con el crédito que obtendrá; comprará abono orgánico, que esparcirá en sus sembríos de papa de la variedad “única”, la que dentro de algunos meses cosechará.

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 $1,075 helped Raimundo purchase organic fertilizers for his potato crop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 14, 2010
Listed
Nov 7, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011