Funded

Total loan: $725
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Elvis

Peru
TARMA, Peru / Agriculture

A loan of $725 helped to purchase bags of seed and sacks of organic fertilizer for a more productive harvest.


Elvis's story

Elvis is 35 years old and married to Flora, who is 29. Together they have two children, Pamela, 10 and Jeison, 9. The family lives in a cozy house which they rent, located in the lower sierras of Peru. From the time they were very young, Elvis and Flora learned about agriculture, but they never grew crops for a living until about 10 years ago when they formally began to grow potatoes, carrots and other crops, including flowers, on the land of their ancestors. Together with the crops, they also raise animals such as donkeys, which are indespensable for transporting their products. What they like most about their work is the cultivation of potatoes. Elvis and Flora feel their business is viable, as it allows them to take care of the family, as well as save a little money to buy 3 plots of fertile land which they can plant this season. This is why they are happy and motivated to be growing the business. In the future, they would like to be able to buy sheep, pigs and cows, as well as plant in greater quantity.

This is their 3rd loan with MFP. Their fellow members in the communal bank know Elvis and Flora as being honest and punctual, and an example of hardwork every day. With the new loan they will purchase bags of seeds and sacks of organic fertilizer which they will spread over their land to help with a productive harvest.

Translator profile picture

Translated from Spanish by Kiva volunteer Emily Charnes


Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: January 12, 2010
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: January 12, 2010
Facilitated by Field Partner: Microfinanzas Prisma