Funded

Total loan: $775
Powered by 24 lenders

Fabian

Peru
Chanchamayo, Peru / Farming

A loan of $775 helped to buy fertilizers and to pay the laborers who will work on his land.


Fabian's story

Fabián is 34. He and his partner have three children who are 12, 10 and 8 years old. They live in their own home which is located in the indigenous community of Santa Teresa, Pichanaki (in the central Peruvian jungle).

Fabián has been farming since he was 14 years old. He learned how to grow crops by helping his parents. He currently has five plots of land where he grows coffee and annatto. "I started planting coffee when I was 22. Since then our farming has gone well", he says. The motivation that drives him to continue working is seeing his children become well educated and enjoying better possibilities in life. For this reason, he works hard every day in the fields. His wife supports him unconditionally in weeding their coffee plantation. "Coffee needs more care because weeds always grow and every month we have to weed. If we don't, we don't get good yields". One of Fabián's goals is to expand his production by acquiring more farm land and starting to grow other products such as citrus fruits.

This is Fabián's second loan from MFP. He pledges to make his repayments on time as he did with his previous loan. He feels happy with his community bank "Los Ompicres" because the members have meetings and everybody takes an active part in them.

With this money, Fabián will buy bags of fertilizer for his coffee plantation. He will also pay laborers who will support him in weeding among his crops.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

12 months
Disbursed date: June 13, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: June 13, 2012
Facilitated by Field Partner: Microfinanzas Prisma