Funded

Total loan: $375
Powered by 11 lenders

Gloria

Peru
Ayacucho, Peru / Farming

A loan of $375 helped to buy coffee plants.


Gloria's story

Gloria is a very cheerful woman. She is 30 years old and lives with her husband, 39-year-old Fermín, and their children, 14-year-old Yoselit, 11-year-old Yelsin and 7-year-old Cindy. They live in their own home which is built from solid building materials. They obtained it through a lot of hard work. It is located in the town of Palmapampa where most people work growing cacao, coffee and coca plants. One of these people is Gloria (and her husband Fermín). They both work the land so that they can then grow their plants. They have been in this business for 13 years. At harvest time, they have the support of their fellow farmers and neighbors as they work in a reciprocal manner. They gather in the fruit quickly because they have a lot of experience. After the harvest, they take their crops to the warehouses in their town where they receive a good price per kilogram. In the future, Gloria is planning to grow more plants as they are profitable.

This will be Gloria's eighth loan from MFP. She pledges to make all her repayments on time because she would like to continue working and her goal is to grow her business with the help of these loans that MFP provide. She will use her 1,000 soles to buy coffee plants so that she can increase the number on her farm.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: January 31, 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 31, 2012
Facilitated by Field Partner: Microfinanzas Prisma