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Marcial
Marcial is 49 years old, he is married with Olga and they have six children. They live in the house his wife inherited from her parents 10 years ago.
He is a farmer and an animal breeder. He grows potatoes and alfalfa in his own lands, and he says: “I plant alfalfa because there are many animal breeders where I live, and I can sell them food for their animals”. He has already 12 years of experience and he sells his products to retailers of his town. He also breeds animals, a good breed of bulls he sells during the fairs of his community. He now hopes to plant a bigger quantity of alfalfa, as in the summer he receives more requests and can therefore earn more money.

He has entered the “Estrellitas” (Little Stars) Group and this is his first loan with MFP. He is sure that thanks to this economic support he will improve his production. He also commits to being punctual with the repayment of his dues, as he is a responsible person.
Marcial will invest the loan he is requesting in the purchase one bag of alfalfa seeds and in manure for his crops.
View original language description ↓
Marcial tiene 49 años, está casado con Olga, con quien tiene seis hijos. Viven en la casa que heredó su esposa de sus padres hace 10 años.
Se dedica a la agricultura y a la ganadería. Siembra en sus propios terrenos, papa y alfalfa, “siembro alfalfa porque en mi localidad muchos tiene ganado, a quienes puedo vender para el alimento de los animales”, comenta. Ya tiene 12 años de experiencia y vende sus productos a los comerciantes de la ciudad. También tiene animales, toros de buena raza que vende en las ferias de su localidad. Ahora espera sembrar alfalfa en mayor cantidad, ya que en la época de verano tiene más demanda y puede obtener mayores ganancias.

Él ha ingresado al grupo “Estrellitas” y este es su primer crédito con MFP. Está seguro que con el apoyo económico podrá mejorar su producción. Además promete ser puntual con el pago de sus cuotas, ya que es una persona responsable. Marcial invertirá el dinero de este préstamo en la compra de una bolsa de semilla de alfalfa y fertilizantes naturales para sus siembras.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Marcial to buy one bag of alfalfa seeds and manure for his crops.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012