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Abel
Abel is a hard-working man, he is 27 years old and lives in La Libertad with his wife and his daughter.

For 10 years, he has worked in agriculture. He has rented a piece of land and mainly plants rice and corn, for which the area where he lives is renowned. He has a lot of knowledge about these products, and therefore he sells them in a high quality and gets a good price in the market.

Abel is very grateful to Kiva lenders. Thanks to their help, he will be able to buy materials he needs for maintaining his land from the sowing to the harvest, and by this to offer high-quality products and generate more income, which he can then invest in the planting of other crops.
View original language description ↓
Abel es un hombre trabajador, tiene 27 años de edad y vive en La Libertad junto a su esposa y su hija.
Desde hace más de 10 años se dedica a la Agricultura, alquilando un terreno y dedicándose principalmente al cultivo de arroz y maíz que es muy famosa en la zona donde vive. Tiene muchos conocimientos sobre este producto es por ello que comercializa productos de calidad y a un buen precio en el mercado.
Abel está agradecido con los prestamistas Kiva porque con el apoyo que le han brindado él podrá comprar materiales para realizar un mantenimiento de los terrenos durante toda la etapa de siembra hasta la etapa de la cosecha, para que de esta manera pueda ofrecer productos de calidad y genere más ingresos que más adelante podrá utilizarlo para incursionar en la siembra de otros productos.

Additional Information

About Caja Rural Señor de Luren

Caja Rural Señor de Luren is a microfinance institution based in Ica in southern Peru that primarily promotes the development of the country’s agricultural sector through lending. Today, it also offers credit for consumers, microenterprises and housing improvements, and has expanded its financial services to promote micro-savings and provide micro-insurance. This institution has been instrumental in helping borrowers recover from the devastating earthquake in the Ica region in 2007, and works with Peru’s National Bank to reach some of the poorest and most remote microfinance clients in the country.

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About Peru

  • $12,000
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Abel to buy agricultural supplies for maintaining his crops (fertilizers).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 27, 2014
Listed
Jun 20, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014