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Lauro
Lauro is 62 years old. He is married to Tomasa, 65, and they have three children.

Lauro feels very happy with the work he does, as after working as a day laborer for many years, he is now the owner of his own farmland. Despite the problems, he mustered up the strength to give his family a better life. This is why he devotes himself entirely to growing coffee.

He receives help on a regular basis from his wife and children, but normally at the harvest seasons he hires laborers to speed up the harvest of his crop. He sells his cacao at the collection centers in his community, where he gets a fair price for each kilo.

In the future he greatly desires to expand his small farm and have more hectares, in order to increase his production.

This is his first loan with MFP, so he promises to make the respective payments faithfully. In addition, he appreciates the trust that his communal bank is granting him.

With this loan, he will more buy more cacao plants, in order to grow them in the portions of his land that are still unplanted.
View original language description ↓
Lauro tiene 62 años, está casado con Tomasa, de 65 años, tienen tres hijos.
Lauro se siente muy contento con la actividad que realiza, pues después de trabajar como un jornalero durante muchos años, ahora es dueño de su propio terreno agrícola; a pesar de los problemas sacó fuerzas para darle una mejor vida a su familia, es por ello que ahora se dedica por entero al cultivo de cacao. Regularmente recibe la ayuda de su esposa e hijos familia, pero por lo general, en temporadas de cosecha tiene a cargo peones para que agilicen la extracción de su producto. Su cacao lo vende en los centros de acopio de su comunidad, donde obtiene un precio justo por cada kilo. En el futuro anhela extender su chacra y tener más hectáreas para incrementar su producción.

Este es su primer crédito con MFP, por lo que se compromete a cumplir fielmente con sus respectivos pagos, además agradece la confianza que le está otorgando su banco comunal.
Con este préstamo comprará más plantas de cacao para cultivarlas en las partes que aun tiene vacías en sus tierras.

About Peru

  • $6,715
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Lauro to buy more cacao plants, in order to grow them in the portions of his land that are still unplanted.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013