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Felipe who is 49 years old lives with Aurora who is 40 years old and from this relationship they have 3 children, who live in their cottage located in the community of Sivia.

Felipe is a farmer with a good record cultivating products such as cocoa and coffee on his own farming land. Everything was difficult in the beginning until the day he began to harvest; well, the crops that he grew were good, and with them he was successful at the market.

So he continued investing the little money that he had to expand the planting of other fields. Felipe is proud of what he grows, because currently he is having a better reception from the traders and hence better prices for his agricultural crops.

In the future he wants to open a business selling staple products for which he needs a suitable and safe facility.

This will be his first loan with MFP, and Felipe promises to make his payments on time in accordance with the schedule. With the 3000 soles he will buy corrugated iron to put a roof on his new home.
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Felipe de 49 años convive con Aurora de 40 años fruto de esta relación tienen 3 hijos, ellos viven en su casa a base de mateerial rustico, ubicado en la comunidad de Sivia. Felipe es un agricultor de buena trayectoria, él cultiva productos como el cacao, café en su propia parcela agrícola. Al inicio todo fue muy difícil hasta el día en que empezó a cosechar, pues los productos que obtenian eran bueno, con ello logró mantenerse en el mercado. Por tanto continuo invirtiendo el poco capital que tenía para ampliar la siembra de en otras parcelas. Felipe está orgulloso con sus productos que cultiva, porque en la actualidad están teniendo mayor acogida por los comercializadores y por ende mejores precios para los productos de los agricultores. En un futuro desea abrir un negocio en la venta de productos de primera necesidad para lo cual necesita un establecimiento adecuado y seguro. Este será su primer credito con MFP, por lo que Felipe se compromete en cancelar puntualmente el pago de sus cuotas. Con los 3, 000 nuevos soles comprará calaminas para techar su nueva vivienda.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $12,000
    Average annual income
  • 44
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Felipe to buy corrugated iron to put a roof on his home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 9, 2011
Jan 1, 2012
Currency Exchange Loss:
Jul 18, 2013