Funded

Total loan: $775
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Lucy

Peru
TARMA, Peru / Agriculture

A loan of $775 helped to buy seeds and fertilizer.


Lucy's story

Lucy, 27, is single and the mother of a little four-year-old called Jefferson. She lives in her parents’ house located in Huasahuasi-Tarma.

She has nine years’ experience in agriculture, plenty of time to give faith of her success because with profits obtained she covers her main costs (clothes, food and her child’s schooling). But what’s most important for her is to make progress and to get ahead. With help from her communal bank she was able to increase her potato crops and now she sells at wholesale in the city’s central market. This is how she obtains better profits from each harvest, the fruits of the constant chats and training they receive and of her own effort.

She proudly states: “Through agriculture I’ve been able to save money. Now I have my own plots of land because I used to work my parents’ fields.” Because of this, for later on, with savings she has, she’s thinking of acquiring more farmland to increase production.

This would be MFP loan #2 so she mentions that she will make her monthly payments problem free. She also says she’s happy to belong to the “Unión Huanchán” communal bank because of the supportive, responsible work of her fellow members.

She will use the money she’s requesting to buy two bags of pea seeds (1200 soles). She will use the remaining 800 soles to buy fertilizer.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: April 30, 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: April 30, 2012
Facilitated by Field Partner: Microfinanzas Prisma