Funded

Total loan: $375
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Veronica

Peru
TARMA, Peru / Cattle

A loan of $375 helped to buy seven small calves.


Veronica's story

Verónica, 30, has lived with her spouse for 12 years. In that time they’ve witnessed the birth of their four children. Today, the oldest is 11 years old and the youngest is 9 months old. She and her family live in her mother’s house.

Verónica is a small quantity livestock merchant. She has 7 cows and 3 pigs. She used to have several sheep that she’d sell and make good profits. Because of poor administration and cost overruns she was unable to buy more of these animals to continue in business. They started to grow potatoes on the small plots of land she has and was able to repay her debts that way.

She considers her business to be profitable. “For each head I’d earn 15 to 20 soles,” she comments. In the future she hopes to recover her previous rhythm and continue to sell sheep, to run her business well and to send her children to school in the city of Tarma and later on provide them with higher and professional education.

This is the 8th time she’s worked with MFP. She’s excited with the vision she has and that she hopes to reach thanks to coordinated work. Verónica will use her loan to buy at least 7 small lambs. She estimates that each one will cost 170 soles which once grown and fattened up she will sell for 190 to 200 soles.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: October 13, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: October 13, 2011
Facilitated by Field Partner: Microfinanzas Prisma