Check out some available loans that are similar to this one!
Eugenio
Eugenio is 19 years old, an enthusiastic youth who lives in his parents' house in the native community of San Roman Bajo, Perene district, Chanchamayo province. At his young age, Eugenio has already developed an ability in business and agriculture. Thanks to his parents, he has 3 parcels of agricultural land on which he plants coffee, the product that generates the most income in his zone. Each harvest he sells around 60 sacks of 70 kilos each.

Eugenio can't complain; he has savings that permit him to give himself some youthful pleasures and at the same time, help his parents economically. Every day he heads for his fields to check on their progress and pull weeds. He comments that he invests a great deal in fertilizers so that, in the end, the recompense will be larger. Eugenio is a visionary and an enterprising person. With his savings he wants to buy a motor to generate lights and, thereby, begin another business in his community.

This will be his 1st loan obtained through MFP. He is excited about it. Eugenio has joined “La Bella Durmiente” (The Sleeping Beauty) Communal Bank, with which he has high hopes. With the loan Eugenio will pay day laborers to chop down weeds, and he'll purchase some sacks of fertilizer.
View original language description ↓
Eugenio de 19 años, es un joven entusiasta que vive en la casa de sus padres en la comunidad nativa de San Román Bajo en el distrito de Perené, provincia de Chanchamayo. A su corta edad, él ya se desenvuelve con facilidad en los negocios y la agricultura. Gracias a sus padres cuenta con 3 parcelas de terrenos agrícolas. En ellas siembra café, pues es el producto que más ingresos genera en su zona. Cada cosecha está vendiendo como 60 sacos de 70 kilos. No se puede queja, posee ahorros que el permiten darse algunos gustos como joven y a la vez ayuda económicamente a sus padres. Todos los días se dirige a sus sembríos para verificar su crecimiento y limpiarlos de la mala yerba. Comenta que invierte mucho en abonos pero que al fin y al cabo las recompensas son mayores.
Eugenio es visionario y emprendedor. Con los ahorros que tiene y piensa obtener se comprará un motor para generar luz, así empezará otro negocio dentro de su comunidad. Éste sería el primer préstamo que Eugenio obtendría de MFP. Se siente emocionado por eso. Ahora forma parte del banco comunal “La Bella Durmiente”, del que se muestra esperanzado. Con el dinero podrá pagar los servicios de los jornaleros para el macheteo de la mala yerba y adquirir algunas bolsas de abonos.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,995,800
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Eugenio to hire day laborers and buy sacks of fertilizer.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 21, 2011
Listed
Jan 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012