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Richard Pierre
Richard is a 42 year old man, he lives in the city of Nazca with his partner and their 3 children. During his spare time, he like watching educational programs and newsreels on the television and he sometimes prepares one of his favorite dishes, such as the delicious Carapulcra.

Richard has always been a very enterprising man who has worked from a very young age. He completed secondary school education, but unfortunately due to a lack of financial resources he was unable to pursue a university course, although he would have liked to have studied Agriculture.

Thanks to his enthusiasm and the support of his family, Richard rented a small plot of land to start his business growing prickly pear cacti to rear cochineal bugs. He works approximately 10 hours a day and he feels very much at home with his business as he has always been interested in the countryside and the work he carries out there.

Richard is extremely grateful to the Kiva loan lenders, as it is thanks to the help given that he will be able to introduce the cochineal bugs to his whole prickly pear cactus plantation. In that way, he will be able to make the most of the season and obtain a large volume of cochineal bugs. Once the harvest is completed, he will be able to gain good profits from the sales, in this manner enabling Richard to achieve his dream little by little of having his own farm and enabling his children to be good professionals and good people.
View original language description ↓
Richard es un hombre de 42 años, vive en la ciudad de Nazca con su pareja y sus 3 hijos, en sus ratos libres le gusta ver programas educativos y noticieros en televisión y en algunas ocasiones prepara uno de sus platos favoritos como es la riquísima Carapulcra; Richard siempre ha sido un hombre muy emprendedor que ha trabajado desde muy joven, él culminó sus estudios secundarios, lamentablemente por falta de recursos económicos no pudo cursar una carrera universitaria, pero le hubiera gustado poder estudiar la carrera de Agronomía.
Gracias a su entusiasmo y al apoyo de su familia, Richard arrendo un pequeño terreno para iniciar su negocio de cultivo de tuna para la extracción de cochinilla, él trabaja un aproximado de 10 horas diariamente, él se siente muy a gusto con su negocio ya que siempre le ha interesado el campo y el trabajo que se realiza en el.
Richard se encuentra muy agradecido con los prestatarios Kiva, ya que gracias a la ayuda brindada podrá realizar la infesta de cochinilla a todo su cultivo de tuna, de esta manera podrá aprovechar la estación y obtendrá abundante cría de cochinilla, así cuando la cosecha de su cultivo terminé, podrá obtener buenas ganancias de las ventas realizadas, favoreciendo de esta manera a que poco a poco Richard pueda cumplir su gran sueño de tener su propio fundo y lograr que sus hijo sean buenos profesionales y hombres de bien.

Additional Information

About Caja Rural Señor de Luren

Caja Rural Señor de Luren is a microfinance institution based in Ica in southern Peru that primarily promotes the development of the country’s agricultural sector through lending. Today, it also offers credit for consumers, microenterprises and housing improvements, and has expanded its financial services to promote micro-savings and provide micro-insurance. This institution has been instrumental in helping borrowers recover from the devastating earthquake in the Ica region in 2007, and works with Peru’s National Bank to reach some of the poorest and most remote microfinance clients in the country.

About Peru

  • $12,000
    Average annual income
  • 80
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Richard Pierre to introduce cochineal bugs in his prickly pear cactus plantation.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 23, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013