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Juan
Juan is 50 years old, and has lived together with his partner for more than 20 years, with whom he has three children. He cultivates plantains and coffee, an activity that he has developed for more than 30 years, and that is very gratifying for him, above all others in the area of cultivation, due to the quality of production that results from his effort. Furthermore, this activity is profitable due to the fact that many traders come to his region demanding large quantities of coffee to bring to the capital, given that it is complicated to go and look for a buyer that will pay a good price that will prove beneficial. This is his first loan with MFP. Juan is ready to increase his production and to be able to bring his products to the markets of the nearby cities. In order to do so he needs 1000 soles in order to increase the number of hectares of crops that he has.
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Juan tiene 50 años, convive con su pareja por más de 20 años, con la cual tiene tres hijos. Se dedica al cultivo de plátanos y café, actividad que desarrolla más de 30 años, siendo esta labor muy agradable para él, sobre todo en el tiempo de cosecha, debido a la cantidad de producción que resulta de su esfuerzo. Además, esta actividad es rentable, debido a que los comerciantes llegan a su zona demandando grandes cantidades de café para llevarlos a la capital, siendo complicado buscar un comprador que pague un buen precio que le resulte beneficioso. Este es su primer préstamo con MFP. Juan esta dispuesto a incrementar su producción y poder llevar sus productos a los mercados de las ciudades cercanas, es así que para aumentar sus hectáreas de terreno requiere de 1000 soles.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    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 to increase his agricultural production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 18, 2008
Listed
Dec 6, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009