Check out some available loans that are similar to this one!
Margarita
Margarita is 34 years old and she and her daughter, Nery, live in her Mother's home with her sisters.

Margarita's principal income is derived from agriculture. Since childhood, Margarita has been learning this occupation, as her parents were farmers. At present, she lacks her own land but this hasn't discouraged her. Margarita keeps on working with much determination to be able to buy a car to transport her and her husband.

Their main crops are potatoes, beans, and peas, which they cultivate with great care, in order to cover the cost of renting the land. Also, they work with other farmers, with whom they share the costs of planting and the earnings. Now, they are saving money to buy their own agricultural fields.

Margarita belongs to the “Central Checche” solidarity group and this is her 3rd loan through MFP. She hopes to continue receiving this financial help, since she likes to work with her association, where each day, she learns new things concerning business. Also, Margarita promises to be punctual in making her payments. Margarita will use this loan to buy organic fertilizers for planting potatoes; this is the season for planting large crops.
View original language description ↓
Margarita tiene 34 años, vive en compañía de su hija Nery. Viven en la casa de su madre, con su hija y sus hermanas.
Su principal ingreso económico es por la agricultura, desde niña aprendió este oficio, pues sus padres eran agricultores. En la actualidad no cuenta con terrenos propios, pero eso no la desanima, ya que desea seguir trabajando con mucho ahínco para poder comprar un auto con el que pueda realizar trasporte público con su esposo. Sus principales sembríos constan de papa, habas y alverja, los cuales cuida con mucho esmero para cubrir el alquiler de los terrenos. También trabaja en sociedad con otros agricultores, con quienes comparte los gastos de la siembra y las ganancias. Ahora está ahorrando dinero para comprar sus terrenos agrícolas propios.

Ella pertenece al grupo solidario “Central Checche” y este es su tercer crédito con MFP, por lo que espera continuar con este apoyo financiero, pues gusta de trabajar en su asociación, donde cada día aprende nuevas cosas sobre su negocio. Asimismo, promete ser puntual con el pago de sus cuotas.
Margarita invertirá el dinero de este préstamo en la compra de fertilizantes orgánicos para la siembra de papa, ya que se encuentra en temporada de siembra grande.

About Peru

  • $6,715
    Average annual income
  • 101
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Margarita buy organic fertilizer for use in planting her potato crop.
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:
May 6, 2014