Check out some available loans that are similar to this one!
Juan
Juan is 68. He has been a widower for 2 years, and he now lives in the company of his daughter María and his grandchildren.

Starting from the earliest hours of the day, he begins by milking the 4 cows he owns. Each day he obtains an average of 10 liters, which are delivered to a dairy company. But he is also a farmer, growing corn, potatoes, barley, beans and olluco (a root vegetable) on some rented plots of land. After each harvest, he sells his crops in the main city of his region, where he travels every time he can. Now he wants to save up all that he needs to buy his own lands, since he would like to keep planting: "it's my passion," he says.

He belongs to the “Rundo al progreso” communal bank, and this is loan number 7 for him with MFP. He is grateful for the financial support he has received during all this time. Accordingly, he is committed to being punctual with his loan payments.

Juan will invest the funds from this loan in paying for the rental of his agricultural lands, in addition to paying for the tractor which will turn over the soil for his next planting.
View original language description ↓
Juan tiene 68, enviudó hace 2 años y ahora vive en compañía de su hija María y sus nietos.
Desde las primeras horas del día comienza con la extracción de leche de las 4 vacas que posee, al día obtiene un promedio de 10 litros, lo que son entregados a una empresa de lácteos. Pero como también es un agricultor, siembra maíz, papa, cebada, habas y olluco en unos terrenos alquilados, los que luego de cada cosecha los comercializa a la ciudad principal de su región, a donde viaja cada vez que puede. Ahora desea ahorrar todo lo necesario para comprar sus propios terrenos, pues quiere seguir sembrando, “es mi pasión”, afirma.

Él pertenece al banco comunal “Rundo al progreso” y este es el crédito número 7 que tiene con MFP, por lo que agradece el apoyo financiero recibido durante todo este tiempo. Es así que se compromete ser puntual con el pago de sus cuotas.
Juan invertirá el dinero de este préstamo en el pago del alquiler de sus terrenos agrícolas, además del pago al tractor que removerá la tierra para su próxima siembra.

About Peru

  • $12,000
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Juan to pay for the rental of agricultural land and for tractor service.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 11, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013