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Nancy
Nancy is 33 years old, is married to Teófilo, with whom she has 3 children: Morelia who is 16 years old, Aymer who is 8 and Cristian who is 4. They live in a rented house located in a rural district.
Like all mothers in the countryside, Nancy has to manage her time to take care of her children and the crops. She grows peas, potatoes and flowers (gladiolo). "Every 4 months I plant two bags of pea seeds, from which I harvest 30 sacks" she says. She sells all of her produce at the wholesale market in her city. She also says that the sale of gladioli has more profit, as there is greater demand. The sale of these flowers is the most beneficial in the months of May and November. Her short term plans are to plant more peas.

This is her 8th loan with MFP, for which she promises to be punctual with her payment schedule. "Los Picaflores de Patay", or "Hummingbirds of Patay" , is the name of her communal bank and she likes this work system and receiving educational talks.
With these funds she will be able to purchase two sacks of pea seeds(with 1000 soles), and the remaining 1000 soles will be to acquire fertilizer.
View original language description ↓
Nancy tiene 33 años, está casada con Teófilo, con quien tiene tres hijos: Morelia de 16, Aymer de 8 y Cristian de 4 años. Ellos viven en una casa arrendada ubicada en un distrito rural.
Como toda madre del campo tiene que distribuir su tiempo para atender a sus hijos y la agricultura. Cultiva arvejas, papas y flores (gladiolos). “Cada 4 meses siembro dos bolsas de semillas de arvejas, de las que cosecho 30 sacos”, menciona. Toda su producción la negocia en el mercado mayorista de su ciudad. Así también, afirma que con la venta de los gladiolos obtiene más ingresos, por su gran demanda; la venta de estas flores es más beneficiosa en los meses de mayo y noviembre. Sus planes más cercanos son de sembrar más arvejas.

Este es su préstamo número 8 con MFP, por eso se compromete a ser puntual en el pago de las cuotas. “Los Picaflores de Patay”, es el nombre de su banco comunal y le agrada el sistema de trabajo, así como las charlas educativas que recibe.
Con este dinero podrá comprar dos bolsas de semillas de arvejas (con 1000 soles), los otros 1000 soles serán para adquirir fertilizantes.

About Peru

  • $6,715
    Average annual income
  • 53
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Nancy to buy 2 bags of pea seeds (with 1000 soles), and the remaining 1000 soles would be to obtain fertilizer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013