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Modesto
Modesto, 56 years old, is married to Martha, who is 45 years old. As the result of this relationship, they have 4 children. They live in their own home in the Torrerumi community in the district of Sivia. Modesto is a kindhearted man with a strong desire to achieve his objectives, such as achieving that his children become professionals. To achieve that goal he needs to invest a good amount of money. The only income he has is the production that he is able to obtain from his plantations of cacao and coffee. To obtain good production, he devotes himself daily to keeping his plot of land clean, doing the required maintenance work on the land, and fertilizing his plot as needed. Due to the age of his field, the soil is now lacking in nutrients. For this reason fertilization is inevitable. Modesto is happy with his production at the moment because he is able to sell his products at a reasonable price that compensates him for all of the work he puts in to his production.

Some day he would like to open a grocery store.

This is his first loan with Kiva’s partner, MFP, and he commits to making all of his payments on time. Modesto is happy because his communal bank does a top-quality job.

He will invest the 1,000 Peruvian Nuevo Soles (PEN) in the maintenance of his plot of cacao. To maintain the plot, he will buy fertilizer.
View original language description ↓
Modesto de 56 años de edad casado con Martha de 45 años fruto de esta relación tienen 4 hijos, ellos viven en su casa propia ubicado en la comunidad de Torrerumi del distrito de Sivia. Modesto es un hombre bondadoso con anhelos de lograr sus objetivos como el de lograr que sus hijos sean profesionales. Para ello necesita invertir una buena suma de dinero y el único ingreso con que cuenta Modesto es de la producción que pueda obtener de sus plantaciones de cacao y café, pues para lograr una buena producción él se dedica diariamente a mantener limpia su parcela, realizar el manejo adecuado y su respectiva fertilización del campo agrícola por que con los años que tiene su campo agrícola esta ya empobrecida de nutrientes, es por ello que es inevitable la fertilización. Modesto esta contento por el momento con su producción por que sus productos los vende en un precio razonable que compensa con el trabajo que realiza.
En un futuro desea abrir una tienda de abarrotes. Este es su primer crédito con MFP, por lo que modesto se compromete en cancelar puntualmente el pago de sus cuotas.
Modesto esta alegre por que en su banco comunal realizan un trabajo optimo.
Con los 1,000 nuevos soles invertirá en el mantenimiento de su parcela de cacao, para ello comprará abono.

About Peru

  • $6,715
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD