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Juvencio
Sixty-year-old Juvencio is a hardworking and enterprising man who really wants to get ahead. He is separated from the mother of his children and he lives with his 22- and 20-year-old children in his own home.

Juvencio grows yucca and bananas to sell in local markets and for personal consumption. He also grows palm for oil on a 20ha plot that he acquired over 30 years ago, which is how long he has been doing this work, now with the help of his children. He likes his business as he knows it well and he is passing on his experience to his children. He also likes the income from it, which provides him with the means to support his family and make sure they do not want for anything. On the other hand, what he does not like is the remoteness of his location, as he does not have basic utilities such as electricity. However, things are improving with the new programs and he currently wants to expand his business and leave his children with something secure for their future. This will be his second loan with MFP and he hopes for their support in continuing with his objectives. With the requested 1,000 nuevos soles, he will buy fertilizer to grow palms and he will pay for labor to harvest his produce.
View original language description ↓
Juvencio, de 60 años de edad, es un hombre trabajador y empeñoso con muchas ganas de progresar, es separado de la madre de sus hijos, vive en compañía de sus hijos de 22, y 20 años de edad, habitando en su propia casa.
La actividad que realiza Juvencio es el cultivo de yucas y plátanos para la venta en los mercados de la localidad y para su consumo personal. Parelo, siembra palma aceitera en un terreno de 20 hectáreas que lo adquirió hace mas de 30 años, tiempo que viene ejerciendo este oficio y en el sus hijos lo ayudan. Le gusta su negocio, pues lo conoce muy bien, y esta experiencia la está pasando a sus hijos, además de las ganancias que le deja con la cual a sabido mantener a su familia y procura que no les falte lo necesario. Por lo contrario lo que no le gusta es que la lejanía de su ubicación, pues carece de servicios básicos como la luz eléctrica, pero con los nuevos programas eso se está logrando mejorar, ahora tiene los deseos de ampliar su negocio y dejar a sus hijos con algo seguro para sus futuro. Este será el préstamo número 02 con la institución MFP, por tanto espera de su colaboración, para continuar con sus objetivos. Con el monto solicitado de 1000 nuevos soles lo invertirá en la compra de abono para la producción de palma así como el pago de personal para la cosecha de sus productos.

About Peru

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Juvencio to buy fertilizer to grow palms and to pay for labor to harvest his produce.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013