Funded

Total loan: $1,025
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Fortunato

Peru
TARMA, Peru / Agriculture

A loan of $1,025 helped purchase fertilizers.


Fortunato's story

At 65 years of age, Fortunato works with remarkable energy. He is married, lives in his own home, and is the father of 4 children who live elsewhere. He has dedicated his entire life to agriculture and has the satisfaction of knowing that none of his crops have ever failed. This was how he was able to provide his children with an education that enabled them to develop into good people, and not become financially dependent on him.

Fortunato, despite his age, has no intentions to quit farming. To the contrary, he plans to keep on planting and harvesting his crops. The thought that he may not be able to continue farming fills him with sadness and makes him physically ill. He continues to plant potatoes, ulloco, and peas. His crops are sold at the wholesale market in Tarma, where buyers will pay between 40 to 60 soles per bag depending on the size and variety. After all the sacks of produce are sold, Fortunato and his wife (whom he affectionately calls “mi viejita adora”) return home.

Fortunato is taking his fourth loan with MFP and promises to make his payments on time. He is grateful for the opportunity to be part of a Communal Bank because all the members support and help one another. He will use the money he requested to purchase chemical fertilizers for his potato crops.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica


Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: August 21, 2009
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: August 21, 2009
Facilitated by Field Partner: Microfinanzas Prisma