Funded

Total loan: $550
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Carmen

Peru
HUANCAYO, Peru / Fish Selling

A loan of $550 helped to purchase more trout, as well as sacks of fertilizer.


Carmen's story

Carmen is 21 years old and lives with her husband in their own house. When she was very young, one of the first things that she learned was about agriculture and since then, she has worked in agriculture. Today, at her husband’s side, she plants potatoes and corn. However, when they have to wait for the harvest, she sells food – in this case, fried trout in the various markets in the area. This is the way that she is able to meet the necessary income to improve her economy and, at the same time, cover the household needs.

She considers trout sales to be a profitable business, which is why she wants to strengthen this business. Each weekend she stocks up on trout at the trout farms near her house. On the other hand, she wants to improve her agriculture, as well as her production.

This is her third loan with MFP and she is very happy to know that she has financial support since she has always proven to be responsible in her payments. In addition, she likes being part of her communal bank because all of the members are responsible and very supportive. She is grateful to those people that will fund the loan that she is requesting, which will be very useful for her business’ progress.

With the loan requested, she will invest in both of her businesses – she will purchase more trout and a tent to serve her customers. She also wants to purchase sacks of fertilizer for her crops.

Translator profile picture

Translated from Spanish by Kiva volunteer Kathleen O'Connell


Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: August 11, 2010
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 11, 2010
Facilitated by Field Partner: Microfinanzas Prisma