Funded

Total loan: $450
Powered by 17 lenders

Richard Pierre

Peru
Nazca, Peru / Agriculture

A loan of $450 helped to introduce cochineal bugs in his prickly pear cactus plantation.


Richard Pierre's story

Richard is a 42 year old man, he lives in the city of Nazca with his partner and their 3 children. During his spare time, he like watching educational programs and newsreels on the television and he sometimes prepares one of his favorite dishes, such as the delicious Carapulcra.

Richard has always been a very enterprising man who has worked from a very young age. He completed secondary school education, but unfortunately due to a lack of financial resources he was unable to pursue a university course, although he would have liked to have studied Agriculture.

Thanks to his enthusiasm and the support of his family, Richard rented a small plot of land to start his business growing prickly pear cacti to rear cochineal bugs. He works approximately 10 hours a day and he feels very much at home with his business as he has always been interested in the countryside and the work he carries out there. Richard is extremely grateful to the Kiva loan lenders, as it is thanks to the help given that he will be able to introduce the cochineal bugs to his whole prickly pear cactus plantation. In that way, he will be able to make the most of the season and obtain a large volume of cochineal bugs. Once the harvest is completed, he will be able to gain good profits from the sales, in this manner enabling Richard to achieve his dream little by little of having his own farm and enabling his children to be good professionals and good people.

Translator profile picture

Translated from Spanish by Kiva volunteer Severine



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: June 8, 2012
Facilitated by Field Partner: Caja Rural Señor de Luren

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: June 8, 2012
Facilitated by Field Partner: Caja Rural Señor de Luren