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Elva Teresa
Elva is 55 years old and she was widowed 20 years ago. She currently lives with the youngest of her 6 children. Since she was a girl she has always been involved in agriculture. She plants a few vegetables but primarily she cultivates potatoes and corn, which produce the best selling harvest. She works every day but with the passage of the years she has also seen that it is more profitable to buy and sell livestock. This has been a business that she has had for the past 5 years, while she waits for the harvest to be ready. She sells on the weekends at the farmers fair. Whatever she doesn't sell she takes back to her stable and she uses for her own consumption. During these years of work she has seen that the sale of livestock runs fewer risks and earns greater profits. Therefore her goal is to increase her working capital. This is her eighth loan with MPF (Kiva Field Partner). She started out following a recommendation to work with loans so that she will profit from each investment that she makes in the field of livestock sales. Since then she has seen the great importance of having financial support in each project she sets herself out to do. At this opportunity the funds will be used to purchase more livestock because it is during this festive season of Santiago that the sales are most profitable.
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Elva tiene 55 años, es viuda dese hace 20 años y en la actualidad vive con el menor D. sus 6 hijos. DesD. su niñez se ha dedicado a la agricultura, siembra algunas hortalizas verduras pero principalmente la papa y el maíz que es lo que mas venD. después D. cosechar, su dedicación es diaria pero por el paso D. los años también ha visto que es mas rentable la compra y venta D. animales que constantemente realiza durante 5 años mientras espera el tiempo D. la cosecha, venD. los fines D. semana en la feria ganadera y lo que no llega a vender lo lleva a su establo que tiene para su propio consumo, durante estos años D. trabajo ha visto que la venta D. animales tiene menores riesgos y mayores ganancias por lo que su deseo es incrementar su capital D. trabajo. Es su octavo crédito con MFP, le recomendaron trabajar con prestamos que le beneficien en cada inversión que realiza en el campo como en la venta D. animales y desD. entonces le es muy necesario tener un apoyo financiero en cada proyecto que se proponga concretar. En esta ocasión su dinero estar destinado a la compra D. mas mercadería en animales porque en esta temporada D. festividades llamadas Santiago es la mas rentable en ventas.

About Peru

  • $12,000
    Average annual income
  • 122
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elva Teresa to purchase more livestock to take advantage of the festive season of Santiago.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 3, 2011
Aug 19, 2011
Currency Exchange Loss:
Sep 15, 2012