100%

funded

Total loan: $1,075

Sergio

Ayacucho, Ayacucho, Peru / Agriculture

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A loan helped to buy a small plot of farming land.


Sergio's story

Sergio is 49 years old and is married to 46-year-old Ricardina. They live with their children in their adobe house. Sergio is very self-sacrificing in his agricultural work. He has a 2.5 hectare plot of land and it is there that, for over 20 years, he has grown various profitable products, which are common in the area, including organic cocoa, barbasco, and more. Sergio receives the firm support of his wife and of workers, whom he usually hires for busy periods such as the weeding period and when harvesting the products. Since starting this work, Sergio has always wanted to have his own vehicle to make transporting products to store easier. Thanks to his savings, which slowly grew, Sergio was able to achieve his objective and by a small lorry which also helps him to earn an income helping farmers on other land to transport their goods. Sergio makes a good profit with this service. This is the first Kiva loan that Sergio has applied for and he is very grateful for this financial support that he is receiving to help him get ahead. He promises to make his repayments on time. On this occasion, Sergio is applying for 3000 Nuevo Soles in order to buy a small plat of land where he plans to expand his crops and, in the future, earn a higher income.