Funded

Total loan: $775
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Martha

Peru
Chanchamayo, Peru / Agriculture

A loan of $775 helped to pay the laborers she will contract to weed her plants.


Martha's story

Martha is 43 years old. Her partner is Rubén with whom she has four children, who are 19, 13, 10 and 4 years old. They all live together in the house that they built by dint of their own work.

Martha has been farming for 10 years and grows coffee and citrus fruit, such as oranges. At present she is harvesting her oranges and her children are helping her with the job. The price of oranges is not as favorable this month. Martha says that in September, the price will rise and she will earn more. Meanwhile, she is tending her three plots of coffee by weeding and spreading fertilizer. “Every year I get a good coffee harvest and every year it improves. Now, we are finishing harvesting the last beans,” she states. Consequently, she will now put a lot of effort into weeding her coffee plantation, hiring a work crew that she will pay daily.

This is her third loan from MFP and she is committed to making her payments on time every month. She belongs to the “Flor de Almendra” Communal Bank, one of the most solid groups in the area. This time she will invest the S/. 2,000 in paying the laborers she will contract to weed her plants.

Translator profile picture

Translated from Spanish by Kiva volunteer Diane Chaney


Loan details

Loan length:

12 months
Repayment schedule: At end of term
Disbursed date: July 11, 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: July 11, 2012
Facilitated by Field Partner: Microfinanzas Prisma