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Fidel
29-year-old Fidel is a married man. Yolanda, his wife, and his 3-year-old daughter Estefany are his biggest treasures. He lives together with his family in his own home, in the small village of Yanapuquio, in Palcamayo district, Tarma province. Fidel is a hard-working man. He has worked as a farmer for 10 years and knows that it is for him. "I grow Yungay, Andina and Jilgero potatoes because there is a constant demand for them", he says.

Fidel's plots of farmland are located over two districts. In Palcamayo he has plots in 5 different places and in Palca he has 5 lots. Owing to the distance between his plots of land, he has to be away from home almost all day long and he has to divide his time in such a way that all his crops bear the expected fruits.

Fidel's need to hire laborers is urgent. He pays his laborers 25 soles a day each.

Fidel sells his harvests in the wholesale market in Tarma. Each sack of potatoes costs an average of 35 soles. However, bearing in mind that his harvests reach 800 sacks a year, his income is sizable.

Thanks to how well his business is going, Fidel is planning to acquire a new plot of land so that he can produce other varieties of potato. This will be his 14th loan from MFP and he pledges to be punctual in making his monthly repayments. "Zona Semillera de Yanapuquio" is the name of his community bank. He feels happy and pleased with the results he has obtained. He will invest his loan money in buying bags of bird guano. He will also pay the laborers who he will hire to turn his soil and grow his potatoes.
View original language description ↓
Fidel de 29 años, es un hombre casado. Yolanda, su esposa y Estefany, su hija de 3 años, son su mayor tesoro. Él vive con su familia en una casa propia en el anexo de Yanapuquio, en el distrito de Palcamayo, provincia de Tarma. Fidel es un hombre trabajador. En sus 10 años como agricultor ya sabe que es lo que el conviene. “Siembro papas Yungay, Andina y Jilgero, por que su demanda no cesa”, menciona.
Sus terrenos de cultivos se ubican en 2 distritos. En Palcamayo tiene parcelas en 5 partes distintas; y en Palca cuenta con 5 lotes. Por la distancia de sus terrenos tiene que estar ausente de su hogar casi todo el día y tiene que distribuir su tiempo de tal manera que toda su producción bote los frutos esperados.
Sí, su necesidad de contratar operarios es urgente, pagando a 25 soles al día por cada uno.
Sus cosechas son vendidas en el mercado mayorista de Tarma, cada saco de papas cuesta 35 soles en promedio. Pero teniendo en cuenta que sus cosechas ascienden a los 800 sacos al año, sus ingresos son considerables.
Gracias a lo bien que le va, piensa adquirir otro terreno para producir otras variedades del tubérculo. Sería el crédito número 14 que obtendría de MFP, por ende se compromete a ser puntual en el pago de las cuotas mensuales. “Zona Semillera de Yanapuquio”, es el nombre de su banco comunal del que se siente contento y complacido por los resultados obtenidos. Invertirá el dinero de su préstamo en la compra de bolsas de guano de corral; además pagará el servicio de operarios que contratará para voltear y cultivar sus plantaciones de papas.

About Peru

  • $6,715
    Average annual income
  • 40
    View loans »
    Peru Loans Fundraising
  • $55,917,775
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Fidel to buy bags of bird guano and to hire laborers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 17, 2012
Listed
Feb 13, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012