Funded

Total loan: $1,500
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Cilita

Peru
CUSCO, Peru / Agriculture

A loan of $1,500 helped to contract laborers and purchase wood.


Cilita's story

Cilita, 48 years old, is a single mother with two children. They live together in their own house, located in the Pichari district. Cilita is a hard-working mother. She has worked in cacao farming for 25 years, and now she has the help of her children. At the beginning, she only had a hectare of cacao crops, but over time she purchased more plants to expand her plot of crops.

She sells her final product in the same district, to the purchaser who offers her the best price. Besides her work farming cacao, however, she also has a small carpentry business that is growing little by little. This is why she would like, in the future, to dedicate herself completely to this business, since in a short time it is already generating good income for her.

This is her fourth loan with MFP, and she is committed to making her payments on time once again. She is satisfied with the work that is done in her communal bank.

With the 4,000 nuevos soles (PEN), she will purchase wood for her carpentry business, as well as contract laborers to perform the pruning of her cacao crops.

Translated from Spanish by Kiva volunteer Nancy Leveson


Loan details

Loan length:

13 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:

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