Check out some available loans that are similar to this one!
Beth
Beth is 20 years old and is a hardworking young woman. She lives with her parents, Celestino and Clavita, in their own house located in the rural settlement of Cayan. She has worked in agriculture for two years. Since she was very young, her parents taught her to work and cultivate the land. Now, she grows all types of potatoes on the land she inherited from her father. She also removes the seeds to sell at wholesale in the Huasahuasi market, known for the good potatoes produced by the land there. What she likes most about her work is being able to have free time to set up her business, as her plan is to open a grocery store in her house. However, her main difficulty is obtaining the working capital for this new project. She belongs to the Siempre Juntos Communal Bank and this is her first loan with MFP, where she is happy to be part of a respected association. Beth will take the first step in opening her business, which is why she will buy supplies for her grocery store with part of the loan. With the rest of money, she will purchase organic manure to spread on her cropland.
View original language description ↓
Beth, de 20 años es una joven trabajadora. Vive en compañía de sus padres: Celestino y Clavita. En unión familiar ellos viven en su casa propia, ubicada en el caserío de Cayan. Hace 2 años que se dedica a la agricultura. Desde muy pequeña sus padres le enseñaron a trabajar la tierra y producirla. Ahora en el terreno que le heredó su padre, siembra papa de toda variedad, donde saca además semillas para comercializarlo al por mayor, en el mercado de Huasahuasi; conocido por la buena papa que produce sus tierras. Lo que más le gusta de su trabajo es poder tener un tiempo libre para poder implementar un negocio. Pues sus planes son abrir la tienda de comestibles que existió en su casa. Sin embargo su principal dificultad, es obtener el capital de trabajo para este nuevo proyecto. Ella pertenece al banco comunal “Siempre juntos”, y este es el primer crédito con MFP, donde se siente dichosa por pertenecer a una asociación respetada. Beth, dará el primer paso en la apertura de su negocio, por ello comprará con una parte del crédito insumos para su tienda de comestibles. Y con el resto del dinero, comprará abono orgánico para esparcirlo en sus cultivos.

About Peru

  • $6,715
    Average annual income
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,917,775
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Beth to buy products to set up her store and to buy sacks of organic manure.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012