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Leocadio
Leocadio is 33-years-old. His spouse is Grimanesa, 30, and they have five children. They own a grocery store they set up at home a year ago that Grimanesa runs while he’s out working his land caring for his coffee and cocoa bean plants that they’ve acquired over ten years of work. With profits from the store they buy more products and with profits from their crops they cover household expenses. However, even so they still need financial help so that the store can continue to grow because it’s the bigger income producer. In time he hopes to buy glass display cases to exhibit their products so that their store will look more orderly and attractive.

This is his first MFP loan and he feels good to know that he’s obtained a loan that will help him reach his business goals. In addition, he assures that he’ll be punctual with his installment payments because he’d like to access another loan. He will use these 3,000 new soles to buy a sack of rice and another one of sugar plus a variety of canned goods the store needs.
View original language description ↓
Leocadio tiene 33 años, su pareja es Grimanesa, de 30 años, con quien tiene cinco hijos.
Ellos tiene una tienda de comestibles que acondicionaron en su casa desde hace un año, la cual la atiende Grimanesa, mientras él está pendiente de su parcela, cuidando de sus plantas de café y cacao, que obtuvieron durante 10 años de trabajo. Con las ganancias de la tienda invierten en la compra de más productos y con las ganancias de sus cosechas solventan los gastos de su hogar. Pero aun así necesita un apoyo financiero para que siga creciendo con su tienda, ya que es lo que más ingresos le genera. Con el tiempo anhela comprar mostradores de vidrio para exhibir sus productos y que su tienda se vea más ordenada y atractiva.

Este es su primer crédito con MFP y se siente contento de saber que ha obtenido un préstamo que le ayude a cumplir con sus planes de negocio. Asimismo, asegura que será puntual con sus cuotas, ya que desea acceder a otro crédito.
Con estos 3,000 nuevos soles comprará un saco de arroz, otro de azúcar y variedades de conservas que requiere en su tienda.

About Peru

  • $6,715
    Average annual income
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Leocadio to buy stock merchandise for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013