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David
David is 23 years old, single, and still lives with his parents in their home along with his brothers. His whole life he has known how to cultivate citrus fruits and bananas, as it is the primary means of sustenance for the family. He rises at 6:00 am, eats breakfast, and goes to the farm. It’s been two months since he decided to get involved in the business of ripening green bananas to offer for sale later. He is seeing that his neighbors do very well for themselves with this activity. He tells us that when he goes to the farm, he would give his wife this task which would generate additional income. The difficulty that he would have is the lack of necessary accessories for the process of ripening the bananas. This is the first time he requests a loan with MFP. He will use some of the funds as working capital to purchase a certain quantity of bananas. He will also buy buckets and large tins for submerging the bananas, and use another part to continue investing in his lands.

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David tiene 23 años, es soltero, aun está viviendo en la casa de sus padres, en compañía de sus hermanos. Toda su vida ha sabido cultivar frutos cítricos y plátanos, ya que es la fuente principal para el sostenimiento de su familia, le levanta a las 6.00am desayuna y se va a la chacra. Hace 2 meses ha decido incursionar en el negocio de la maduración de plátanos verdes para venderlos luego, está viendo que a sus vecinos que les va muy bien en esta actividad. Nos comenta que cuando él se vaya a la chacra, a su esposa le delegaría esta actividad, por lo cual sería un ingreso adicional a su economía. La dificultad que tendría por el momento es que le faltan los accesorios necesarios para el proceso de maduración del plátano. Es la primera vez solicita un préstamo con MFP. Con el dinero comprará una cierta cantidad de plátanos para que sea su capital de inversión, asimismo comprará cubetas y tinas muy grandes para el sumergido de los plátanos, y otra parte para seguir invirtiendo en sus tierras.

About Peru

  • $12,000
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped David to purchase bananas and implements used to ripen them.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 27, 2008
Listed
Nov 12, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009