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Olin
Olin is 22 and a young father. His girlfriend is Yeny, who is 19. Together, they have a one-year-old son. Olin still lives alone in Pumpuriani, in his own home. Olin was smiling and happy when he told us that he started working in agriculture when he was very young by growing corn, plantains, yucca, and coffee. Coffee was what supported his family and offered them limited luxuries. Olin also works some in construction and repairing highways. His contracts for this work are for 3 months at a time. He works operating equipment on other pieces of land. "At first, I was unfamiliar with the rise and fall of coffee prices, for example, in October, it always lowers, to between 5 and 6 soles per kilo. But in April in climbs to 10, 11, or 12 soles." He describes one of the biggest inconveniences of this work as having to face the weather conditions.

In the future, he would like to marry Yeny and take the reins of his family. To do that, he should establish and fix up his home to receive them. In this way, both of their families will feel comfortable with their marriage. Thanks to your help, Olin will be able to obtain his sixth loan with Microfinanzas Prisma. With it, he will start to fulfill his projects. Olin is satisfied with his communal bank. He feels that he can reach his goals more quickly as part of a group. With this money, Olin will be able to plan coffee between his plots of plantains. He will buy coffee plants and 10 sacks of the necessary fertilizer. If he has enough left, he will pay workers to help him with this project.
View original language description ↓
Olin de 22 años de edad, es un joven padre que convive con Yeny de 19 años. Ambos tienen un hijo de 1 año. Olin aún vive solo en Pumpuriani, en una casa propia. Olin, sonriente y alegre cuenta que desde muy niño se inició en la agricultura con la siembra de maíz, plátanos, yuca y café, siendo éste último el que sustenta a la familia y le brinda algunos y escasos gustos. Así también, Olin trabaja como obrero en obras como construcción y reparación de carreteras, cuyos contratos son por 3 meses, del mismo modo se desenvuelve como operario en parcelas ajenas. “Al inicio desconocía sobre la alza y baja del precio del café, por ejemplo en octubre siempre baja, a 5 y a 6 soles el kilo, en cambio en abril sube a 10, 11 y 12 soles”, describe como uno de los principales inconvenientes que tuvo que superar con el tiempo. Más adelante a él le gustaría casarse con Yeny y tomar las riendas de su familia, para ello debe establecer e implementar su hogar para recibirlos. De esa manera las familias de ambos se sentirán a gusto con la unión. Gracias a su ayuda, Olin podrá obtener su préstamo número 6 de MFP, con ello él podrá empezar a concretizar sus proyectos. Olin está satisfecho con su banco comunal, siente que en grupo se puede llegar más rápido a las metas. Con el dinero, Olin podrá colocar café entre las plantaciones de plátanos. Así comprará las plantas y los 10 sacos de abono necesario, y si sobra pagará a los peones que apoyarán en el proyecto.

About Peru

  • $6,715
    Average annual income
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Olin to buy coffee plants and 10 sacks of fertilizer, and to hire temporary workers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 20, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013