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Teófilo
Teofilo is 47 years old. He is a very hard-working man. Thirteen years ago, he purchased a plot of land where he built a house out of wood. He currently lives there with his wife and three children.

He produces cocoa on his plot of land, which he has been doing for twenty-three years. He was able to purchase the land with his parents’ help. He works with the help of his wife and children, but during the harvest he hires workers to pick the cocoa beans more quickly. Later, he sells them at collection centers where he receives a good price per pound. He invests the earnings from his harvest in the maintenance of his crops and in his children’s school expenses. He also uses them to feed his family on a daily basis.

Teofilo is grateful for the financial support that MFP [Microfinanzas Prisma] provides him since he will be able to achieve his goals with it. Additionally, he is grateful to be a part of his communal bank because each of its members are responsible. With the 3,500 PEN [$1325] loan, he will purchase bags of natural fertilizer to keep his cocoa fields fertile.
View original language description ↓
Teófilo tiene 47 años, es un hombre muy trabajador y gracias a ello, hace 13 años, compró un terreno en el que construyó su casa a base de madera. Ahora vive allí junto a su esposa y sus tres hijos.
Su actividad es la producción de cacao, labor que realiza hace 23 años en su propia parcela, la cual pudo comprar con el apoyo de sus padres. Su trabajo lo hace con la ayuda de su esposa o de sus hijos, pero en los tiempos de cosecha contrata jornaleros para extraer los frutos de manera rápida. Después, los comercializa en los centros de acopio, quienes le grafican un muy buen precios por cada kilo. Las ganancias de su cosecha las invierte en el mantenimiento de sus cultivos y en los gastos escolares de sus hijos, como también en la alimentación diaria de su familia.

Teófilo agradece el apoyo financiero que le brinda MFP, ya que gracias a ello podrá cumplir con sus objetivos. Además, le agrada ser parte de su banco comunal porque todos sus integrantes son responsables. Con los 3,500 nuevos soles de este préstamo comprará sacos de abono natural para mantener fértiles sus plantas de cacao.

About Peru

  • $6,715
    Average annual income
  • 36
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Teófilo to purchase natural fertilizer for his crops.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013