Total loan: $550
Tarapoto, San Martin, Peru / Agriculture
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A loan helped To purchase hens to improve his business.
Eloy is 38 and lives in his own home with his family. He works as a farmer and raises bananas, yucca, and beans, which are very profitable crops in the area where he lives The income from selling these crops allowed Eloy to buy a mototaxi that he uses to transport his crops. Eloy also supplements his business by raising hens, which he hopes to sell for the next patron saint's festival. Chicken is an essential ingredient for that occasion. This is Eloy's first loan with Kiva, and he is therefore grateful for the economic support he'll receive, which will help him improve his business and boost his sales. Eloy is also committed to making payments on time. He will invest the 1,500 soles in the purchase of hens to increase production and his income.