Check out some available loans that are similar to this one!
Domingo
Domingo is 54 years old and is married to Camila. They have seven children, now independent, who they raised with much love. They now live alone in the house that they bought forty years ago.

Since childhood, he has lived his life in the country and he really enjoys living there and cultivating the land. His main products are potatoes, broad beans, and ullocos (a twining perennial herb native to the Andes bearing fleshy tubers), and wheat, which he cultivates with much care because he knows that, at harvest time, he will be rewarded for his hard work and perseverance. Thanks to his hard work, he now owns large tracts of farmland. “I plant everything that the land produces, and to produce a product in season, you have to invest a minimum of 10 thousand nuevos soles”, he says. For this reason, Domingo is working hard to be able to acquire the necessary capital for the next planting. Now, he wishes to improve the quality of his products so that they will have more value at the market. He is sure of achieving his goal because he also raises cattle. He extracts 30 liters of milk from them daily and sells it. In this way, he generates income to cover the household expenses.

He belongs to the solidarity group “Central Checcche”. This is his eleventh loan with MFP and he hopes to continue receiving financial support from them. He enjoys working in his group, where each day he learns new things about his business. In addition, he promises to be punctual with his payments.Domingo will invest the money in the purchase of organic fertilizers and in the payment of farmhands that are helping him plant his products.
View original language description ↓
Domingo tiene 54 años, está casado Camila, con quien tiene siete hijos, a los que educó con mucho amor y ya son independientes. Ahora ellos viven solos en la casa que compraron hace 40 años.
Desde niño, su vida se desarrolló en el campo, gusta mucho de vivir ahí y producir la tierra. Sus principales productos son papa, habas, olluco y trigo, los cuales cuida con mucho esmero, pues sabe que en épocas de cosecha obtendrá la recompensa por su trabajo y constancia. Gracias a su esfuerzo, ahora posee grandes extensiones de terrenos agrícolas; “siembro todo lo que produce la tierra, para producir un producto en temporada se tiene que invertir mínimo 10 mil nuevos soles”, comenta. Es por esa razón que Domingo trabaja mucho para poder adquirir el capital necesario para la próxima siembra. Ahora desea mejorar la calidad de sus productos para que tengan más valor en el mercado. Está seguro de conseguirlo, ya que también se dedica a la crianza de ganado vacuno, de los que diariamente extrae 30 litros de leche, lo que vendé y le genera ingresos diarios que cubre los gastos del hogar.

Ella pertenece al grupo solidario “Central Checche” y este es su crédito número 11 con MFP, por lo espera continuar con este apoyo financiero. Le gusta trabajar en su grupo, donde cada día aprende nuevas cosas sobre su negocio, asimismo promete ser puntual con el pago de sus cuotas.
Domingo invertirá este dinero en la compra de fertilizantes naturales y el pago de los peones que le están ayudando en la siembra de sus productos.

About Peru

  • $6,715
    Average annual income
  • 113
    View loans »
    Peru Loans Fundraising
  • $55,266,250
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Domingo to purchase of organic fertilizers and in the payment of farmhands that are helping him plant his products.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013