Funded

Total loan: $550
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Gloria

Peru
Ayacucho, Peru / Farming

A loan of $550 helped to buy cacao seeds.


Gloria's story

Gloria is 29 years old. She is a very cheerful and hard-working woman who lives in her own home together with her partner, 30 year-old Félix, and her two beloved children, 9 year-old Ariel and 3 year-old Magdiel, who are the motivation behind all her efforts. The green fields of Harwimayo, in the tropical rainforest of Ayacuchana, have been a pleasant place for Gloria to work. Her parents taught her this work when she was very young and now she owns her own farmland where she works together with her partner. With a lot of care, they grow coffee, cacao and palillo (a type of guava).

What Gloria most enjoys about her work is harvesting her land since that is when she feels that her hard work has been worthwhile. She has been in this business for ten years and she considers the most difficult part of her work to be transporting her crops to the warehouses in the town of San Francisco. Gloria is requesting this loan so that she can carry out one of her plans which is to extend her cacao plantings. This is one of her plants which fetches the highest price in the market. Over time, she hopes to be able to gather together enough money to buy more land.

This is Gloria's first loan from MFP. It is her duty to make her repayments punctually and she is prepared to do this if she would like to access further loans. She is grateful to the institution for granting her this loan. She will use the 1,500 Peruvian soles to buy cacao seeds and, thereby, increase her production.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

12 months
Disbursed date: May 5, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: May 5, 2011
Facilitated by Field Partner: Microfinanzas Prisma