Funded

Total loan: $550
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Nilo

Peru
Ayacucho, Peru / Agriculture

A loan of $550 helped buy sacks of fertilizers for his pineapple crop.


Nilo's story

Nilo is 26 years old and lives with Yova, who is 28. They have a son and live in a rented house located in the district of Sivia. Nilo is a young man with a grand vision and likes to explore new things.

His first work was in agriculture, specifically cultivating and commercializing pineapple, which is becoming common in his locality. At present, he still works in the same activity, but due to the quality of his production and its competitive pricing, his sales margin has grown.

The necessity of constantly improving the quality and increasing the quantity of his products requires a ever greater effort. For this, Nilo works arduously in the company of his family, which offers its unconditional help. Nevertheless, during harvest season he has to use laborers to facilitate the picking of his pineapples.

This is Nilo's first loan with MFP, and he is committed to making the scheduled payments punctually. He hopes for the help of each one of you so that he can realize his objectives. Nilo is the one who is always up to the mark at his communal bank's reunions. With the 1,500 new sols he will buy fertilizers to spread on his parcel of land.

Translator profile picture

Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: July 16, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: July 16, 2011
Facilitated by Field Partner: Microfinanzas Prisma