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Concepcion
Concepción is a 64-year-old married father of 4 children, who no longer live with him. Only he and his wife live at home. Ever since he was young, he has worked in agriculture, growing hectare upon hectare of potatoes. However, ever since he noticed that his daughter was prosperous in raising guinea pigs, he decided to enter this field. His daughter then gave him some of her guinea pigs, and he enthusiastically built cages for them. Now that his neighbors know that he is raising guinea pigs, they order some from him. When his daughter travels, he takes advantage of it, sending her however many guinea pigs she can sell. He also helps his daughter to cultivate her farm. Growing crops is difficult, which is why he only does it for personal consumption. Raising guinea pigs, on the other hand, is more lucrative. This is his second loan with MFP. He has made his payments punctually. With this loan, he will purchase barley for planting, which serves as food for the rodents. He will also purchase fertilizer for his potato farm with the other part of the loan.
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Concepción tiene 64 años, es casado, tiene 4 hijos, de los cuales ya no viven con él, ahora está viviendo sólo con su esposa. Desde su juventud se ha dedicado a la agricultura, sembrando hectáreas tras hectárea de papas, pero desde que vio que a su hija le va bien en la crianza de cuyes decidió incursionar en este rubro. Entonces su hija le regaló algunos, él con mucha emoción construyó jaulas, ahora sus vecinos saben que el criá cuyes y le hacen pedidos. Y cuando su hija viaja él aprovecha en enviarle para que los pueda vender; y del mismo modo le ayuda a su hija en el cultivo de su chacra. Sembrar le es dificultoso, por ello es que ahora siembra solo para su consumo personal, la crianza de cuyes le parece más rentable. Este es su segundo préstamo con MFP, ha sido puntual en todos sus pagos. Con el dinero que solicita va comprar cebada para sembrar, esto sirve para la alimentación diaria de sus roedores, otra parte usará para la compra de fertilizantes para su chacra de papa.

About Peru

  • $6,715
    Average annual income
  • 72
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Concepcion purchase fertilizer and plant barley for guinea pig food.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 7, 2008
Listed
Nov 24, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009