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Juan
Juan is 42 years old and lives with his wife and children. He has been a farmer for the past 30 years and has been able to support his family. According to Juan, the harvest is the most enjoyable because it is less tedious and more relaxing. However, the crops require much work during the seasons and to produce them in large quantities for wholesale distribution is much more profitable. The difficulty is planting the crops and taking care of them in the first years of production to ensure high quality fruit. This is his first loan with MFP. Juan will invest it in the purchase of fertilizers and coffee bean plants, a crop that he will start producing.
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Juan tiene 42 años, vive con su esposa y sus hijos. Él es agricultor desde hace 30 años, actividad con la cual puede mantener a su familia. Para Juan la cosecha es lo que más le agrada realizar, ya que es menos pesada y mucho más relajante, además, estos productos son muy demandados por temporadas y el producir en mayores cantidades logra que sea más rentable. Lo difícil es sembrar y cuidar las plantas en sus primeros años de producción para obtener frutos de mayor calidad. Este es su primer préstamo con MFP. Juan invertirá lo que solicita en la compra de abonos y plantas de café, producto que se inicia en producir.

About Peru

  • $6,715
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $54,557,600
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Juan purchase fertilizers and coffee bean plants.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 27, 2008
Listed
Dec 6, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009