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Juan
Juan is 46 years old and has been married to Esperanza for 26 years. They have four children who are now 24, 22, 20 and 13 years old. Juan and Esperanza have seen three of their older children become independent. They now live with their youngest, who is 13, in their own home in the small village of Cochayoc. Juan and his children have been instilled with a desire to work in farming. On their plots of land they grow potatoes, peas, beans and corn. Potatoes are the most profitable product that they grow. They harvest these twice a year and sell them immediately. "In April the price of potatoes falls so we must maintain them and pick them in May. In that month we can make more money for them" explains Juan, signaling the law of supply and demand as being the main difficulty that he has to overcome each year. In addition, Juan has animals: 4 cows, 4 bulls, sheep, guinea pigs and pigs. He gets milk from the cows, he couples the bulls with a yoke (he attaches the bulls by the head to a special tool called a 'yoke' so that they can plow the soil), and he raises the sheep and then sells their meat or sells them alive to be slaughtered in other towns. In all this work, he has had problems. For example, in previous years his cattle became sick and he had to kill them immediately. For this reason, he constantly calls veterinarians to his community to give them check-ups.

This will be Juan's 9th loan from MFP and he hopes to receive your help. He pledges to make his repayments according to schedule. As regards his community bank, he says that he is happy and satisfied with his fellow members and the work that they carry out. Juan will use his loan money to buy 10 sacks of fertilizer, which will cost 1,200 soles, pea seas, which will cost 500 soles, and will use the rest to buy a bull for approximately 1,500 soles.
View original language description ↓
Juan de 46 años de edad está casado hace 26 años con Esperanza con quien tuvo 4 hijos, que ahora tienen 24, 22, 20 y 13. Juan y Esperanza han visto independizarse a 3 de sus mayores hijos, ahora viven con el menor de 13 años en una casa propia en el anexo de Cochayoc. Juan y sus hijos han sido inculcados en las labores del campo. En sus terrenos siembran papas, arvejas, habas y maíz. Siendo el producto que más rentabilidad le genera, la papa, la que cosecha cada 2 veces al año y vende inmediatamente. “En abril el precio de la papa baja, es por eso que debemos mantenerla y sacarla para mayo, en ese mes podemos obtener más dinero de la venta”, explica Juan señalando a la ley de la oferta y la demanda como principal obstáculo que cada año tiene que superar. De igual manera, cuenta con animales como: 4 vacas, 4 toros, ovejas, cuyes, chanchos. Las vacas le dan leche, los toros los emplea como “yunta” (que consiste en unir a los toros de la cabeza a una herramienta para arar la tierra), las ovejas las cría y vende en carne o vivas para ser sacrificadas en otras ciudades. En ese trajín, se le presentaron dificultades una de ellas fueron las enfermedades que años anteriores atacaron a sus reses, matándolas al instante. Por esa razón constantemente lleva veterinarios hacia su comunidad para revisarlas. Con éste sería su préstamo número 9 de MFP, por lo que espera de su ayuda, así se compromete a pagar sus cuotas en las fechas establecidas. En cuanto a su banco comunal menciona estar contenta y conforme con sus compañeros y el trabajo que desempeñan. Con el dinero del crédito, Juan comprará 10 sacos de abonos que hacen un total de 1200 soles, además semillas de arvejas a 500 soles y con lo restante adquirirá un toro de 1500 soles aproximadamente.

About Peru

  • $12,000
    Average annual income
  • 72
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Juan to buy 10 sacks of fertilizer, pea seeds and a bull.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 21, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2012