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Maria
Maria is 30 years old, married and lives in her own house with her husband and 5 children. Maria works in yuca cultivation, for which she has her own 10 hectares of land she is currently growing on. Once they are ready, she will sell it to the vendors in the closest markets.

She got started by planting 1 hectare using her own capital. Later she expanded, seeing the demand for it. She learned this trade from her father. She says she got started in this trade because she wanted to be a business owner with her own income. Having achieved good results, she now has plans to continue with her business, expanding her yuca planting areas. This will allow her to generate a higher income for herself and serve other markets.

This will be her first loan with Kiva. She is glad to know that she will have the financial support to go ahead with her plans and promises to be responsible with her payments. She will invest the sum of 800 nuevos soles in organic fertilizer to expand her production capacity and be able to meet the demand of her customers.
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Maria tiene 30 años, está casada y vive en su casa propia junto su esposo y sus 5 hijos. Maria se dedica al cultivo de Yucas, para eso cuenta con su propio terreno de 10 hectáreas, la cual está en crecimiento y una vez listo, los vende a los comerciantes de los mercados más cercanos de la localidad.
Se inició con su propio capital, sembrando 1 hectárea y luego fue ampliando a más, viendo la demanda que tiene. Aprendió éste negocio de su padre. Comenta que se inició en éste negocio por el deseo de ser una empresaria y contar con sus propios ingresos. Logrando tener buenos resultados, ahora tiene planes de continuar con su negocio y ampliar las extensiones de sembrío de yuca, así generarse más ingresos y atender otros mercados. Este será su primer préstamo con Kiva. Se siente contenta de saber que tendrá un apoyo financiero para concretar sus planes. Por tanto, se compromete a ser responsable con el pago de sus cuotas. Con el monto de 800 nuevos soles los invertirá en abono orgánico para ampliar su capacidad de producción y poder atender la demanda de sus clientes.

About Peru

  • $6,715
    Average annual income
  • 55
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria to purchase organic fertilizer to expand her yuca production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2014