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Ricardo
Ricardo is 24 years old. He is a courageous single man who has two children: 5 year-old Yero and 3 year-old Alexis. They live together in their own home in the community of Sanchirio del Palomar (central Peruvian jungle). This young and responsible father works hard on his land. His main crops are bananas and coffee. He mentions that they have been making a good profit for two years since his crops, during the agricultural seasons, are the best in the area.

With training, Ricardo has managed to achieve good coffee beans, while his bananas provide him with stability as he harvests them every 15 days and then sells them in the town's central market. For this reason, in the future he would like to buy more land to which he can apply everything that he has learned.

This is Ricardo's second loan with MFP and he hopes to continue getting ahead in life together with his community bank. He will use his loan to buy 20 sacks of organic fertilizer and 2,000 coffee plants for his nursery. He will use them to renew his plantation crops.
View original language description ↓
Ricardo, de 24 años, es un valeroso hombre soltero, tiene 2 hijos: Yero, de 5 y Alexis, de 3 años. En unión familiar ellos viven en su casa propia, ubicada en la comunidad de Sanchirio del Palomar (selva central peruana). Este joven y responsable padre de familia, trabaja arduamente en sus terrenos agrícolas, su principal producción consta de plátanos y café. Los que según menciona, hace ya 2 años, que viene generándole buenos ingresos, pues sus cultivos en campañas agrícolas son los mejores de la zona, logro que consiguió a base de capacitaciones para conseguir un buen grano de café. Mientras que sus frutos de plátanos, le proporcionan estabilidad, ya que cada 15 días, después de su cosecha los comercializa en el mercado central de su ciudad. Por ello más adelante desea comprar más terrenos agrícolas, en las que pueda aplicar todo lo que aprendió. Este es el segundo crédito con MFP, y espera seguir saliendo adelante junto a su banco comunal. De adquirir el crédito solicitado tiene pensado comprar 20 sacos de abono orgánico, y 2 mil plantas de café, para hacer su vivero con los que renovará sus plantaciones.

About Peru

  • $6,715
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ricardo to buy 20 sacks of fertilizer and 2,000 coffee plants.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 13, 2010
Listed
Nov 25, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011