Check out some available loans that are similar to this one!
Ovidio
Ovidio is 45 years old. He lives in a house bought 10 years ago in the town of Huancas, with his two children, Marlene and Joseph.
Every morning he and his wife devote themselves to the trades they learned as children, agriculture and livestock. They use his wife's land and that of others from whom they rent when needed. They grow potatoes, corn, beans, flaxseed, lupine and other products native to the area.

"There are seasons in which we have to hire staff to help us plant," he says. At each harvest he sells his products to food stockers in the city, who take them to different cities of Peru. As he works and manages their crops, his wife cares for their animals. They have cows, bulls, and sheep, which they fatten and then sell to butchers. Additionally they extract 12 liters of milk which they sell to a dairy processing factory.

He belongs to the solidarity group "Cross of Thorns" and this is his seventh loan with MFP. In all these years, thanks to these loans, he has been successful in his business and his personal life; thus, he is grateful. He promises to be timely with his payments. Plus, he likes to belong to this association for support, and they are like a family.

Ovidio will invest this money in the purchase of bean seeds, natural fertilizer, to pay for renting the land and to pay the laborers who will work on turning over the earth.
View original language description ↓
Ovidio tiene 45 años. Vive en la casa que compraron hace 10 años en la localidad de Huancas, junto a sus dos hijos; Marleny y José.
Todas las mañanas, junto a su esposa, se dedica a los oficios que aprendieron desde niños; la agricultura y ganadería. Usan los terrenos de su esposa y otros que alquilan cuando necesitan, allí siembran papa, maíz, habas, linaza, tarwi y otros productos oriundos del lugar. “Hay temporadas en las que tenemos que contratar personal para que nos ayuden a sembrar”, afirma. En cada cosecha vende sus productos a los acopiadores de alimentos de la ciudad, desde donde los llevan a las diversas ciudades del Perú. Mientras trabaja y administra sus cultivos, su esposa se dedica al cuidado de sus animales, tienen vacas, toros y ovejas, los cuales engordan para luego vender a los carniceros. Así como los 12 litros de leche que extraen, los venden a una procesadora de lácteos.

Él pertenece al grupo solidario “Cruz de espinas” y este es su séptimo crédito con MFP. Y en todos estos años, gracias a estos préstamos, ha obtenido buenos resultados en su negocio y en su vida personal, por lo que se encuentra agradecido. Promete ser puntual con sus cuotas, además de que le agrada pertenecer a su asociación, pues se apoyan y son como una familia.
Ovidio invertirá este dinero en la compra de semilla de habas, fertilizantes naturales, el alquiler de los terrenos y el pago a los peones que trabajarán en voltear la tierra.

About Peru

  • $12,000
    Average annual income
  • 124
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Ovidio to purchase bean seeds and natural fertilizers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 21, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013