A loan of $1,100 helped to purchase agricultural products.

Dionicio's story

Dionisio A. is 39 years old and originally from San Francisco. He is married with Maria Pacheco, 40 years old, and they have 4 children together. They live in their own home located in the community of Carmen Pampa, near the district of Ayna San Francisco. Dionisio is the sole supporter of his family. Since he was a boy his parents taught him the value of work and that money needs to be earned. His business involves purchasing harvest products from farmers, such as coffee, annatto seeds, cocoa, and guavas. These are products that are native to the forest region of Valle Rio Apurimac and Ene. He has 17 years in the business and he has is wife’s support. She takes care of weighing the products before the sale. He owns a car and it is a tool which helps him travel to various communities in search of products. Once he has acquired a fair amount of product he transports them to the renowned wholesalers, including Cooperativa Agraria, Cacao Vrae, and Machupichu. They pay him a significant percentage per kilo of product. His business is very profitable, and additionally, the wholesalers who purchase his merchandise award him with a good sum of money annually. The months of January, February, and March are rainy and roads wash away, impeding him from transporting his gods. His plans for the future are to keep working in the same business in order to support the members of his family. This is his 15th loan with MFP (Kiva Field Partner) and he has been responsible with his previous loans. He knows he needs to make his payments on time in order to be able to access loans in the future. He is a very well liked member of this communal bank. The three thousand nuevos soles he requested will be invested in the purchase of harvest products from producers.

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details