Funded

Total loan: $750
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William

Peru
CUSCO, Peru / Agriculture

A loan of $750 helped to buy coffee plants.


William's story

William is 33, and lives with his partner Liliana, 26. They have two children, with whom they live in their own house, located in the community of Taracato, in Pichari district. In his work, William is an honest man. He grows cacao and coffee, which are products with a lot of market demand.

This is why he has been growing this product for more than 10 years, even though in the beginning he was discouraged, because he still wasn't earning enough income, and that discouraged him from continuing.

William had even decided to sell his farmland, but his dear wife intervened and wouldn't let him give it up. Now William is grateful to his dear wife, because thanks to her, he managed to keep his parcel, and now he is getting good earnings from growing these crops.

This why he now wishes to expand his plantation. This will be his second loan with MFP, so he promises to make his instalment payments on time. With the 2,000 nuevos soles, he will buy coffee seedlings for planting.

Translator profile picture

Translated from Spanish by Kiva volunteer Jeff Goldie


Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: December 21, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

9 months
Repayment schedule: At end of term
Disbursed date: December 21, 2011
Facilitated by Field Partner: Microfinanzas Prisma