Funded

Total loan: $325
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Adela

Peru
TARMA, Peru / Agriculture

A loan of $325 helped to pay for a tractor to plow their farmland.


Adela's story

Adela is 32 years old, lives with her partner and father of their 3 children. Together with her husband they plant potatoes and peas, during these harvesting months there is enough prosperity to build their income, in order to use the capital in the next round of potato crops. At 4:00 AM Adela begins her work as a housewife, after, at 9:00AM she prepares food for packed lunches for her and her husband to take while working their farmlands. Right now potato planting is very profitable, because of the good market price, which encourages her to continue planting. The potatoes shown in the photo are of the selected size that fetches the highest price, and are generally sent to the markets in Lima to be more profitable.

Adela is very happy with this activity, and has high hopes to progress on the basis of agricultural and provide more comfort for her family and children. This is her 9th loan with MFP, and all this time she has shown that she is a very punctual and efficient customer in her payments. The money she requests now is to buy a tractor to plow her farmland that has been unproductive for many years, and the other part will buy insecticides against worms.

Translated from Spanish by Kiva volunteer Erin Hopkins


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: April 8, 2009
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: April 8, 2009
Facilitated by Field Partner: Microfinanzas Prisma