Check out other loans that are currently fundraising!
Prudencio
Prudencio, 68, is a responsible and hardworking man. He lives with his spouse in his own home which he was able to build with a lot of effort a number of years ago.

His business is agriculture; specifically he has made his living in the production of cassava for 6 years. He has a 30 acre plot of land that he works on with help from his four workers that he hires depending on the amount of land that needs to be harvested or worked on. Previously, he would plant vegetables and other products, but they did not make good profits so he decided to make a change and now he does very well. He has a location in the market where he sells the cassava that he harvests. He feels happy with his job as he sees it as a very profitable business for now and it is what he has always done and the experience in the field has helped him a lot. In seeing the progress that he has made, he has chosen to expand his business by increasing the amount he currently sows.

This is his first loan with MFP, he is grateful for all of the people that trust in him to have his loan that will help him increase his earnings at work. He knows that he must be very responsible and above all, punctual. With the amount requested, 1,000 PEN, he will buy cassava cuttings and fertilizers to increase the size of his crop and improve production.
View original language description ↓
Prudencio tiene 68 años, es un hombre responsable y muy trabajador. Vive junto a su cónyuge, en su casa propia, la que logró construir en base a mucho esfuerzo desde hace algunos años.
Su actividad es la agricultura, se dedica específicamente a la producción de yuca, desde hace 6 años. Tiene un terreno de 30 hectáreas donde trabaja con la ayuda de cuatro obreros a quienes contrata dependiendo de la cantidad de terreno que tiene para cosechar o trabajar. Anteriormente se dedicaba a la siembra de verduras y otros productos de corto periodo vegetativo, pero no le daban buenas ganancias, así que decidió cambiar y ahora le va muy bien. Tiene un puesto de ventas en el mercado donde vende las yucas que cosecha. Se siente a gusto con su trabajo de campo, pues lo considera una actividad muy rentable por ahora, además es lo que siempre ha realizado y la experiencia que tiene en el campo le ha servido de mucho. Viendo el progreso que está teniendo ha optado por ampliar su negocio incrementando la extensión que actualmente tiene sembrada.

Este es su primer préstamo con MFP, por lo tanto agradece a todas las personas que confían en él para acceder a este financiamiento que le ayudará a aumentar su capital de trabajo. Sabe que tendrá que ser muy responsable y sobre todo muy puntual.
Con el monto solicitado, de 1000 nuevos soles, comprará estacas de yuca y fertilizantes para incrementar su extensión de siembra y elevar su producción.

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 $400 helped Prudencio to buy cassava cuttings and fertilizers increase the size of his crop and improve production.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 27, 2012
Listed
Sep 8, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013