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Gerino
Gerino is 59 years old and lives with his daughter and grandchildren in a relative's house. Almost all his life he has worked in agricultural and ranching activites. 20 years ago he decided to settle in the city, leaving his place of birth in search of new opportunities. However, his wife passed away a short time ago and he is currently developing his agricultural activities more intensely. He rents land for cultivating and plants primarily maiz, alfalfa, and oats which after 6 months of care are ready to harvest and sell wholesale at his local market. In addition to this he sells animals, principally sheep, at the weekend livestock market. In this way he has managed to raise the capital which has allowed him to improve his quality of life and share it with his grandchildren. It is for this reason that he wants to buy his own land. This is his second loan with MFP and he is very happy to know that he has financial support and promises to be punctual with his payments. As well, he is grateful to be a part of his communal bank because all the members are very responsible and supportive people. He thanks those people who will be financers of the loan he is requesting as it will be very useful for the progress of his activity. With this loan he will buy bags of fertilizer and alfalfa and oat seeds.
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Gerino tiene 59 años, vive con su hija y sus nietos en casa de un familiar. Casi toda su vida se ha desarrollado en las actividades agrícolas y ganaderas, desde hace 20 años decidió radicar en la ciudad, saliendo de su tierra natal en busca de nuevas oportunidades. Si embargo su esposa falleció hace poco y en la actualidad sigue desarrollando con más intensidad la agricultura ya que arrienda terrenos de cultivo y siembra principalmente maíz, alfalfa y avena, que luego de 6 meses de cuidados esta lista para cosechar y venderlo al por mayor en el mercado de su localidad. Adicionalmente a esto también se dedica a la venta de animales que principalmente son ovejas, siendo los fines de semana los días de feria ganadera. De esta manera ha logrado tener un capital que le permite mejorar su calidad de su vida y compartirlo con sus nietos es por esta razón que quiere comprar un terreno propio. Es su segundo crédito con MFP, esta muy contenta de saber que tiene un apoyo financiero y promete ser puntual en sus pagos, además le agrada ser parte de su banco comunal porque todos sus integrantes son personas responsables y muy solidarias, agradece a aquellas personas que serán gestoras del préstamo que solicita ya que le será muy útil en el progreso de su actividad. Con el crédito que solicita, comprará sacos de abono y semilla de alfalfa y avena.

About Peru

  • $6,715
    Average annual income
  • 48
    View loans »
    Peru Loans Fundraising
  • $54,529,800
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Gerino to buy bags of fertilizer and alfalfa and oat seeds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 18, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2011