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Balbino
Balbino is 58 years old and married to Adela. The couple have five children but only live with two of them and an 11-year-old grandson. They own their own home which they worked hard to build. It is located in Huasahuasi district.

Balbino has been farming for 20 years and, over the years, he realized that his produce is more profitable if he sells it on the coast. "I sow all different varieties of potatoes and take nearly all my production to other towns as seed", he says. In order to make his sales, he must travel between 300 and 500 kilometers. As well as potatoes, he also grows peas and green beans but he sells these in his own town. Working in this way, he has managed to build his own house and provide his children with a good education.

This is Balbino's ninth loan from MFP and he takes care to make his repayments on time. He is a member of the 'Capital Semillera' community bank which is one of the most solid groups in his town.

Balbino will use the money from this loan to buy bags of fertilizers for some of his potato crops that he will harvest in a month's time.
View original language description ↓
Balbino tiene 58 años, está casado con Adela, con quien tiene cinco hijos, pero solo viven con dos de ellos y un nieto de 11 años. Su casa es propia, la que le tomó mucho esfuerzo construir, ubicada en el distrito de Huasahuasi.

Desde que tenía 20 años se dedica a la agricultura y en todo este tiempo se dio cuenta que sus productos son más rentables si los vende en la costa del país. “Siembro papa de todas las variedades y llevo casi toda mi producción a otras ciudades como semilla”, menciona. Para realizar estas ventas debe viajar de 300 a 500 kilómetros. Además de las papas también produce arvejas y habas, pero estas las comercializa en su misma ciudad. De esa manera ha conseguido construir su casa y brindarles a sus hijos una buena educación.

Este es el crédito número 9 que recibe de MFP, por eso se responsabiliza de pagar con puntualidad las cuotas. Pertenece al banco comunal “Capital semillera” y es uno de los grupos más sólidos de su localidad.
El dinero de este préstamo lo destinará en la compra de bolsas de fertilizantes para una parte de sus cultivos de papas que cosechará dentro de un mes.

About Peru

  • $6,715
    Average annual income
  • 58
    View loans »
    Peru Loans Fundraising
  • $53,914,550
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Balbino to buy fertilizers for his potato crops.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 28, 2012
Listed
Jun 21, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013