Funded

Total loan: $575
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Alcides

Peru
Ayacucho, Peru / Agriculture

A loan of $575 helped to hire farm workers.


Alcides's story

Alcides, 33, lives with his partner, Haydee, 27, they have 5 children and live in their own house in the Llochegua district. Alcides has lots of experience and capability for his work in farming and he currently grows organic coffee on his own fields. He belongs to an association of agricultural producers that are sought after for the organic products that they plant, in this case coffee and cacao because they earn high prices. Alcides is happy with his business and the work that he does. His biggest challenge is to be known as an organic farmer and receive the certification for his work. This is his first loan with MFP and he promises to be punctual with his payments. Alcides likes the communal bank because the members are punctual.

He will use the 1500 new sols to hire farm workers so that they clean and fertilize his fields.

Translator profile picture

Translated from Spanish by Kiva volunteer Miriam Palacio


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: January 12, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: January 12, 2012
Facilitated by Field Partner: Microfinanzas Prisma