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Elena
Elena is a 45-year-old woman who has been a widow for 12 years. She has three children who live with her. After having been widowed, she decided to sell pastry in the town square. She was then given the opportunity to sell food and dessert in a school snack bar, where she worked up until 8 months ago when she had to leave the job due to health reasons. Aside from her business, she has grown potatoes all her life. Now, with the help of her children, she grows several varieties of this tuber, both for their consumption and for sale. Customers pay well for her crops, and she is able to make a profit. Her biggest problem, however, is that she does not have enough money to be able to plant greater quantities of potatoes. This is Elena’s 7th loan with MFP, and she has demonstrated payment punctuality the whole time. She will purchase 20 sacks of guano, which will cost approximately 500.00 PEN, to fertilize the potatoes, and she will pay the workers.
View original language description ↓
Elena tiene 45 años de edad, es viuda hace 12 años, tiene tres hijos que viven con ella. Después de haberse quedado viuda se dedicó a vender postres en la plaza de su pueblo, después le dieron la oportunidad de vender comida y postres en el cafetín de la escuela. Así trabajó hasta hace 8 meses, que tuvo que dejarlo por motivos de salud. Paralelamente a su negocio, toda su vida ha sembrado papa, ahora con la ayuda de sus hijos siembra diversas variedades de este tubérculo, para su consumo y para la venta, ya que le dan un buen precio y le deja ganancias fuera de su inversión, su mayor dificultad es que no le alcanza dinero para poder sembrar en mayores cantidades. Elena tiene su 7mo préstamo con MFP, todo este tiempo demostrando puntualidad en sus pagos. La compra que hará será de 20 sacos de guano para el abonado de la papa que le cuesta un aproximado de S/.500.00, además de pagar al operario.

About Peru

  • $12,000
    Average annual income
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Elena purchase fertilizer for potato crops.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 20, 2008
Listed
Nov 18, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009