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Elena is a 62-year-old woman who lives with her husband in their own home. Ever since childhood, she learned everything she needed to know about working the fields, so it is that she regularly grows potatoes, corn, beans, and wheat, among other crops, which are then sold at the wholesale market. She works the land with the help of her family, but when more help is needed, she hires day laborers so that she can plant or harvest in less time. She also makes use of oxen or a tractor in order to maximize her work. Nevertheless, the low temperatures harm her plants and production. Still, she presses on with her work because she knows that just like there are times of shortage, there are times of abundance, and this idea inspires her to keep moving forward.

This is the first time that she obtains a loan from MFP. She is very happy to be a part of her community bank because she has heard that working with it is advantageous, and she commits herself to be punctual with her repayments. The loan that she is requesting will be invested in purchasing fertilizer and paying the day laborers who prepare her crop fields for the next planting season.

View original language description ↓
Elena tiene 62 años, vive en compañía D. su esposo en su casa propia. DesD. su niñez aprendió todo lo necesario para dedicarse a las tareas del campo, es así que siembra regularmente papa, maíz, habas, trigo entre otros productos, que luego son vendidos en el mercado mayorista. Esta actividad lo realiza en compañía D. familia, pero cuando se requiere D. mucho esfuerzo contrata la mano D. obra D. los jornaleros, así logra en menor tiempo sembrar o cosechar. Asimismo hace uso D. la yuntas o del tractor para optimizar mejor su trabajo. Sin embargo las bajas temperaturas hacen que perjudique sus plantas y su producción. Pero ella sigue adelante en su trabajo por que sabe que cuando hay tiempo D. escasez hay también tiempos D. abundancia y eso la anima a continuar adelante. Es la primera vez que tiene un crédito con MFP, esta muy contenta D. formar parte D. su banco comunal ya que ha escuchado que la forma D. trabajo es ventajosa y se compromete a ser puntual en sus pagos. Con el crédito que solicita, lo invertirá en la compra D. fertilizantes y en el pago D. jornaleros que prepararan su terreno D. cultivo para su próxima siembra.

About Peru

  • $12,000
    Average annual income
  • 120
    View loans »
    Peru Loans Fundraising
  • $60,164,250
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elena to hire day laborers who will prepare her field for the next planting season.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Mar 18, 2011
Apr 10, 2011
Currency Exchange Loss:
Dec 15, 2011