Check out some available loans that are similar to this one!
Armando
Armando, age 39, is a simple hardworking man. He lives in his own home with his wife Herlinda (age 42) and their two beloved children, Paty (age 15) and Melina (age 9). Armando wants to provide his children a better quality of life. Since he is an extremely hard worker, Armando knows that he must invest all of his efforts to achieve success in life. He grows potatoes, corn, and peas. Once the harvest season arrives, he brings his products to the wholesale market in Tarma to sell to his customers. They are knowledgeable of the quality of his crops, which explains why they are bought up so quickly. What he enjoys most about his work is protecting his crops from disease. Armando has been farming for twenty years and considers the most difficult part to be transporting his crops to market to sell since the sacks are very heavy. Going forward, he wants to buy additional farmland so that he can increase his planting.


This is his fifth loan with MFP. Armando knows that he must submit his payments on time so that he can access subsequent loans. He is an active participant in his Communal Bank. The loan of 3000 PEN that he requested will be used to buy potato and pea seeds as well as compost and insecticides.

View original language description ↓
Armando, de 39 años, es un hombre muy sencillo y trabajador, vive en su casa propia junto a su esposa Herlinda de 42 años y sus dos queridos hijos Paty de 15 y Melina de 9 años, a quienes desea brindar una mejor calidad de vida. Aunque es muy trabajador, Armando sabe que tiene que poner todas sus fuerzas, para lograr ganarse la vida con su labor. Él se dedica a la siembra de papa, maíz y arveja, productos que llegada la época de cosecha, llevará a vender al mercado mayorista de Tarma, donde sus clientes, conocedores de la calidad de sus cultivos, los compran rápidamente. Lo que más le gusta de su trabajo es cuidar sus siembras de la plaga, lleva 20 años realizando esta actividad y considera que lo más difícil es llevar sus cultivos hasta el mercado donde los vende, ya que los sacos que lleva son muy pesados. Para más adelante, tiene el deseo de comprar nuevas tierras, para ampliar sus cultivos. Este es el quinto crédito con MFP, sabe que tiene que pagar sus cuotas puntualmente si desea acceder a otro crédito posteriormente. En su banco comunal, es un socio muy participativo. Con los tres mil nuevos soles solicitados, comprará semillas de papa y arveja, también comprará abono e insecticidas.

About Peru

  • $6,715
    Average annual income
  • 81
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Armando purchase compost, insecticides, and seeds for planting potatoes and peas.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 28, 2011
Listed
Feb 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012