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Antonio
Antonio, age 47, is married to Elva. They have five children, but they now only live with four of them. The house where they have lived for three years is his aunt’s.

“My son will study for a professional career, and I therefore want to increase my income. That way I will give him a better quality of life,” he states.

His main income was centered on agriculture. However, four years ago, thanks to MFP, he got a “motocarro” [three wheeled motorized vehicle]. He works with it every day transporting the people from his area. “When I started I did not have a lot of competition. In time, there were more motocarros. However, I still continue getting income,” he comments. He now wishes to improve his motocarro because it needs general maintenance.

He belongs to the “Santiago de Chauca” communal bank. This is his second loan with MFP. He pledges to make his payments punctually. Antonio will use the loan to buy a new motor for his motocarro. If there is enough money left over, he will get ten sacks of natural fertilizers, “guana de corral,” for his crops.
View original language description ↓
Antonio tiene 47 años, está casado con Elva, con quien tiene cinco hijos, de los cuales ahora sólo vive con cuatro de ellos. La casa donde viven desde hace 3 años es de su tía.
“Mi hijo estudiará una carrera profesional, por ello deseo incrementar mis ingresos y así brindarle una mejor calidad de vida”, afirma. Su principal ingreso económico se centraba en la agricultura, pero hace 4 años, gracias a MFP adquirió un motocarro, con el cual trabaja todos los días trasportando a las personas de su localidad. “Cuando comencé no tenía mucha competencia, con el tiempo aumentaron los motocarros, pero aún así sigo teniendo ingresos”, comenta. Ahora desea mejorar su movilidad, pues necesita un mantenimiento general.

Él pertenece al grupo solidario “Santiago de Chauca” y este es su segundo crédito con MFP y se compromete a ser puntual con el pago de sus cuotas.
Antonio invertirá el dinero de este préstamo en la compra de un motor nuevo para su motocarro y si el dinero le alcanza, adquirirá 10 sacos de fertilizantes naturales “guano de corral” para sus sembríos.

About Peru

  • $12,000
    Average annual income
  • 125
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Antonio to buy a new motor for his motocarro. If there is enough money left over, he will get ten sacks of natural fertilizers “guana de corral” for his crops.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Aug 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013