Funded

Total loan: $400
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Roberto

Peru
Ayacucho, Peru / Agriculture

A loan of $400 helped to buy cocoa plants for grafting, to pay for the labor costs and to buy compost for an optimal production.


Roberto's story

Roberto, 56, lives alone in a wooden house. He has children, but they do not live with him. He has been growing organic cocoa for thirty years, in a parcel located one hour walking from where he lives. He considers this an easy activity, without pressure from third parties.

Because he lives in a sylvan area, fruits like the ones from the cocoa tree grow optimally, which results in a good business alternative for all producers, like him. He wants to invest in grafted cocoa, and for that he needs to hire day laborers, who know the technique, in order to perform this task as quickly as possible. He also needs to buy compost.

One of his dreams, for the future, is to build his house with solid material, which will benefit his children. He pays for their education, although they do not live with him.

This would be his fourth loan with MFP. He deeply appreciates the opportunity of having access to these loans, and he does his part by keeping a good record. With the 1,000 nuevos soles [PEN] he will buy cocoa plants for grafting, will pay for labor costs and will buy bags of compost for an optimal production.

Translator profile picture

Translated from Spanish by Kiva volunteer Santiago Mejía Dugand


Loan details

Loan length:

10 months
Disbursed date: November 12, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: November 12, 2012
Facilitated by Field Partner: Microfinanzas Prisma