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Hugo
Hugo is 38 years old and lives with Encarnacion, his wife. They have 3 children: Yelsi, Nicol, and Paola. As a family unit, they live in their own house in the community of Sanchirio el Palomar (in Peru's central jungle). Family life centers on God. Hugo and his wife cultivate faith among their children. This helps them in the work they do, sowing coffee and plantains, which is their economic activity. They have been dedicated to this for 8 years. They say that what they like most about this is being able to clear their agricultural land. “I enjoy removing weeds from the land,” says Hugo.

Every 15 days he visits the city of La Merced where he sells harvested plantains, but his coffee production is sold to buyers who constantly visit his fields. Hugo lacks capital to improve the quality of his plantations, since he is investing in his children's studies. But he is accumulating money to open a grocery store, with which he hopes to generate new income and thus, to invest more money in agriculture.

Hugo belongs to the “Buenos Aires” (Good Breezes) communal bank and this is his 4th loan with MFP, where he likes the work they do together. In a short time he has been able to make improvements in his crops. That's why he promises to be punctual in his payments. With this loan, Hugo will buy natural fertilizer for his coffee groves, since he wants to maintain their quality for the coming harvest.
View original language description ↓
Hugo, de 38 años, convive con Encarnación, su esposa. Ambos tienen 3 hijos: Yelsi, Nicol y Paola. En unión familiar ellos viven en su casa propia ubicada en la comunidad de Sanchirio el palomar (selva central peruana). La vida de está familia se centra en Dios, junto a su esposa cultivan en sus hijos la fe. Aquello que les ayuda en el trabajo que realizan. La siembra de café y plátano, es su actividad económica. Ya tiene 8 años dedicándose a ello, y según afirma lo que más le gusta a él es poder limpiar su terreno agrícola, “me divierte, quitar la maleza de la tierra”, menciona. Cada 15 días viaja a la ciudad de La Merced, donde vende los plátanos que cosecha, pero su producción de café, los vende a los acopiadores, que constantemente visitan sus cultivos. A Hugo le falta capital, para mejorar la calidad de sus plantaciones; ya que invierte en los estudios de sus hijos. Pero está juntando dinero para abrir un negocio de comestibles; con el que piensa generar nuevos ingresos y así, invertir mayor dinero en la agricultura. Él pertenece al banco comunal “Buenos Aires” y este es el cuarto crédito con MFP, donde gusta del trabajo que desarrolla junto a su banco comunal, pues en este corto tiempo pudo lograr mejoras en sus cultivos. Por ello promete ser puntual en sus cuotas. Hugo de recibir su apoyo; comprará fertilizantes naturales para sus cafetales, ya que quiere mantener la calidad de los mismos, para la próxima cosecha.

About Peru

  • $6,715
    Average annual income
  • 54
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Hugo to buy sacks of fertilizer for his coffee groves.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 22, 2011
Listed
Sep 30, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013