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Manuel
Manuel, an admirable, 55 year old man, has been married for 28 years to his wife Rayda. Together they have four children, two of which live in their home in the Santo Domingo neighborhood.

Manuel has worked happily in agriculture for 28 years. He grows potatoes, peas, lettuce, lima beans and carrots, but primarily grows vegetables because, given that they cost more, they yield greater earnings. Manuel sales his crops after each harvest at the city of Tarma’s wholesale market. However, if the going price is too low, he travels to country’s capital to sale his product, in order to get a better price.

Additionally, Manuel works with livestock such as cows, bulls, donkeys, sheep and pigs. Once fattened, he sales them at a greater price to the butchers that frequent the area.

Manuel comments that his greatest challenge is maintaining working capital, which is why he sales animals. Going forward, he plans to improve the care he gives to his animals.

He belongs to the communal bank, “Santo Domingo de Tapo.” This is his second loan with MFP, with which he is very pleased. Returning to the group has encouraged him to continue progressing. Manuel, has agricultural land in the Rangra area where it does not snow. To take advantage of the climate, he will plant “mama lucha” potatoes, which grow quickly, and for which he can charge more. In order to start planting, Manuel will use the loan to buy several bags of organic fertilizer.
View original language description ↓
Manuel, de 55 años; es un ejemplar hombre. Hace 28 año que se casó con Rayda, con quien tiene 4 hijos, pero solo vive con 2 de ellos en su casa propia, ubicada en el caserío de Santo Domingo. Con la sonrisa que siempre lo caracteriza, cuenta que desde hace 28 años se dedica a la agricultura. Donde siembra papa, alverja, lechuga, habas y zanahoria; pero lo que más siembra son las hortalizas, porque le cuestan más y le ofrece mayores ganancias. Además cuenta que vende su producción después de cada cosecha al mercado mayorista de la ciudad de Tarma, pero si el precio de venta es muy bajo, viaja a la capital del país a vender sus productos, ganando así un precio mayor. Asimismo se dedica a la ganadería donde cuida de las vacas, toros, burros, carneros, cerdos. Los cuales después de ensebarlos los comercializan a un mayor precio a los carniceros que visitan constantemente la zona. Su principal dificultad es tener un capital de trabajo propio, por ello se ayuda con la venta de animales, comenta. Es así que más adelante desea mejorar el cuidado de sus animales. Él pertenece al banco comunal “Santo domingo de tapo”, y este es el segundo crédito con MFP, donde está muy contento, pues haber regresado a su asociación le estimula a seguir progresando. Manuel, tiene un terreno agrícola en la zona de Rangra, donde no cae helada. Aprovechando esa ventaja sembrará papa de la variedad “mama lucha”, que cuesta más y crece en menor tiempo. Para comenzar a sembrar comprará varios sacos de abono orgánico con el dinero solicitado.

About Peru

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Manuel to purchase bags of organic fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 25, 2011
Listed
May 9, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011