Check out some available loans that are similar to this one!
Martha
Martha, age 31, is a responsible single mother. She lives with her daughter, Jesenia, in a small home that she inherited from her mother eight years ago. She thanks God for the mother that she had. With her immense love, her mother gave her the tools so that she would be able to get ahead. Martha inherited her house and five hectares of productive land from her mother.

That is where Martha grows potatoes and peas. Her land is in an area that is very far, and she has to walk for many hours to get there and take care of her crops. During the harvest times she hires day workers to work the land with her. She says this is a very profitable business activity. She herself transports her food to the wholesale market in the city of Huancayo, which is where she sells her food.

“There are times when I have to buy other harvests in order to be able to stock my customers,” she says. That is why her objective is to be able to become a distributor and to be able to have greater income.

She belongs to the Santa Rosa communal bank. This is her second loan with MFP. She is sure that she will realize her plans with the financial support. She pledges to make her payments as she did with the previous loan. Martha will use the loan to buy more pea crops and all types of vegetables for her business.
View original language description ↓
Martha, de 31 años es una responsable madre soltera. Vive junto a su hija Jesenia, en una pequeña vivienda que fue heredado por su madre hace 8 años. Agradece a Dios por la madre que tubo, pues ella con su inmenso amor le brindó las herramientas que pueda salir adelante, le heredó su casa y 5 hectáreas de terreno productivo, donde se dedica a la siembra de maíz, papa y alverja. Sus terrenos se sitúan en una zona muy lejana, ella tiene que caminar muchas horas para llegar a cuidar de sus sembríos, que en tiempos de cosechas contrata peones, para que trabajen la tierra junto con ella. Cuenta que es muy rentable su actividad, pues ella misma traslada sus alimentos al mercado mayorista de la ciudad de Huancayo, donde vende sus alimentos. “Hay fechas en las que tengo que comprar otras cosechas para poder abastecer a mis clientes”, afirma. Por ello su objetivo, es poder convertirse en distribuidora y poder tener mayores ganancias. Ella pertenece al grupo solidario “Santa Rosa” y este es el segundo crédito con MFP, está segura de concretar sus planes, con el apoyo financiero. Por otro lado promete cumplir con el pago de sus cuotas, como en anteriores crédito. Martha, invertirá el dinero en la compra de más cosechas de alverjas y todo tipo de verduras para su negocio.

About Peru

  • $12,000
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Martha to buy more pea crops and all types of vegetables for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013