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Albertino
Albertino is 29 years old. He lives alone in a house belonging to a family member, in the indigenous community of Pucharini (in the central Peruvian jungle).

Albertino has been farming independently for seven years. Before this he used to farm to help his family. He has three plots of land which he rents from other residents on which he grows bananas and corn. Over the years he has come to realize that his sales are more effective if he transports his crops to the town which is half an hour from his home. This year banana prices are favorable as they are selling for 1 sol, 20 cents a kilo. Bearing in mind he harvests around 1,000 kilos every two weeks, his profits are good. However, he also has to spend a large amount of money on weeding and fertilizing work, as he has to hire laborers who he pays each day. Albertino is an ambitious man. He would like to rent more land and thereby increase his production.

This is Albertino's first loan from MFP. He says that he will be punctual in making his repayments and will be active within his community bank (Sankori).

Albertino will invest this money in buying banana plants which cost 40 cents each. He will also buy corn seeds.
View original language description ↓
Albertino tiene 29 años. Vive solo en la casa de uno de sus familiares, se ubica en la comunidad nativa Pucharini (selva central).
Desde hace 7 años se dedica a la agricultura de forma independiente, antes lo hacía para ayudar a su familia. Administra tres parcelas de terrenos que arrienda de otros pobladores, en ellas produce plátanos y maíz. En todos estos años se dio cuenta que sus ventas son más efectivas si las traslada hacia la ciudad que se ubica a media hora de su vivienda. Este año el precio del plátano le favorece, ya que cada kilo lo ofrece a 1 sol con 20 céntimos. Teniendo en cuenta que cada quince días recoge alrededor de 1000 kilos, sus ganancias son buenas. Pero además tiene que destinar una buena cantidad para los trabajos de limpieza y esparcimiento de abono, para ello contrata personal, a quienes paga por cada día. Albertino es un hombre ambicioso, ahora quiere arrendar más terrenos y así ampliar su producción.

Este es el primer crédito que recibe de MFP. Menciona que será puntual en los pagos y participativo dentro de su banco comunal “Sankori”.
Invertirá este dinero en la compra de mamones de plátano, cuyo precio es de 40 céntimos por cada uno. Además adquirirá semillas de maíz.

About Peru

  • $6,715
    Average annual income
  • 120
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Albertino to buy banana plants and corn seed.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2014