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Mario
Mario is 40 years old and his partner is named Raquel whom he has 2 children of ages 16 and 13. This family lives in a simple home they own, it's built in a community in the central jungle. He has been working in agriculture for 15 years, he has 3 plots of land where he harvests; coffee, annatto, oranges and cassava, the last few are for his own consumption. " The coffee and annatto are the most viable, which is why I spend more time cleaning those plots.", states Mario. This past year he yielded 1800 Kilograms of coffee grain which fill about 30 sacks of 60 Kilograms each. It is a good yield considering the size of his land. He also harvested 1500 Kilograms of annatto. He is able to sell his crops immediately thanks to the contacts he's made from many years in the industry. He now wishes to have another plot of land, and to achieve it he will continue to work and purchase another plot.

This is his 3rd loan with MFP and he committs to paying on time. He shares that he enjoys working with his communal bank, " Nuevo Amanecer de Huacamayo" ( New dawn of Huacamayo), due to their cooperation and the enjoyable meetings with members.
The money from this loan will be vested towards cleaning his land where he will spend around 800 soles for each on manual labor, the rest will be used to purchase fertilizer.
View original language description ↓
Mario tiene 40 años, su pareja es Raquel, con quien tiene dos hijos de 16 y 13 años. Esta familia vive en una casita sencilla, pero propia construida en una comunidad de la selva central.
Él se dedica a la agricultura desde hace 15 años, posee tres parcelas de terrenos donde cultiva café, achiote, naranjas y yucas, pero estos últimos son para su propio consumo. “El café y el achiote son más rentables, por eso me dedico más a su limpieza”, manifiesta. Este último año obtuvo como 1800 kilos de granos de café, que hacen como 30 sacos de 60 kilos. Una buena producción para el tamaño de sus parcelas. Además cosechó como 1500 kilos de achiote. Como sus cosechas las vende inmediatamente gracias a los contactos que consiguió durante tantos años de trabajo, ahora espera aumentar otra parcela, para ello continuará trabajando para comprarse otro terreno.

Este es su tercer crédito con MFP, por lo que se compromete en pagar las cuotas con puntualidad. Por su parte manifiesta que le agrada el trabajo en su banco comunal “Nuevo Amanecer de Huacamayo”, por la cooperación y las reuniones amenas con los socios.
El dinero de este préstamos lo invertirá en la limpieza de sus parcelas, en cada una invertirá como 800 soles, sólo para el pago de personal. Lo restante será para adquirir fertilizantes.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    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 Mario to invest in the clearing of his plots, he would invest around 800 soles for each one to pay personnel, the rest would be utilized to purchase fertilizer.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 11, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013