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Glicerio
Glicerio, 45, is married to Julia, 43. They have 7 children but only four still live with them in their own house located in Sanchirio (Peruvian central jungle). Courageous and honest Glicerio has been growing coffee and bananas for two years. He used to work as a hired hand on fields that belonged to other people but now, with much effort and dedication, he managed to acquire a small, one hectare, piece of farmland. This is how he started to plant his own fruits and grains.

His banana crops are quite the success. Because they are new plants, they produce very good fruit. He sells the coffee to Juan, who is a middle man that constantly visits the area. Glicerio’s plans are to improve his plantings and to buy more hectares of farmland.

This is his first loan with MFP and, as a new communal bank member, he hopes to increase capital to invest in production improvement. If he were to get the requested loan, he plans to use it to buy 8 sacks of organic manure to spread among his coffee plants. If there is still money left over he will hire field hands to help him care for his farmland.
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Glicerio, de 45 años, está casado con Julia, de 43 años. Ambos tienen 7 hijos, pero solo viven con 4 de ellos en su casa propia, ubicada en la comunidad de Sanchirio (selva central peruana). El valeroso y honrado, Glicerio, hace 2 años que se dedica a la siembra de café y plátanos. Anteriormente, él, se dedicaba a trabajar en los cultivos de otras personas como peón, ahora con mucho esfuerzo y dedicación logró obtener un pequeño terreno agrícola de una hectárea de extensión. Ahí comenzó a sembrar sus propios frutos y granos. Su producción de plátanos es todo un éxito, como son plantas nuevas, dan muy buenos frutos; pero el café, los vende al señor Juan, que es un intermediario que constantemente visita la zona. Los planes de Glicerio, son mejorar sus plantaciones y comprar más hectáreas de terrenos agrícolas. Este es el primer crédito con MFP, y como nuevo integrante de su banco comunal, espera lograr incrementar su capital para poder invertir en la mejora de su producción. De adquirir el crédito solicitado tiene pensado comprar 8 sacos de abono orgánico, para esparcirlos en sus cultivos de café y si el dinero le alcanza podrá contratar peones, para que le ayuden a cuidar sus terrenos agrícolas.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Glicerio to buy 8 sacks of manure and hire hands to help him care for his crops.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 13, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011