Funded

Total loan: $1,550
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Nerida

Peru
TARMA, Peru / Agriculture

A loan of $1,550 helped to buy bags of pea, potato and gladiolus seeds and hire workers.


Nerida's story

Nerida, 36, is married to Manuel and they have two children, Karelyn, 16, and Arnol, 9. They live in their own house in a farming community where they have worked their own land for 15 years, enjoying what they do. They also rent land, so agriculture is their main source of income.

"I grow peas, potatoes and gladiolus.", she says, adding that the most profitable crop is the gladiolus since she can sell each packet for 70 PEN. Regarding profitability, she says it is better if she takes her produce to the wholesale market in Tarma, where buyers and sellers arrive early in the morning in search of bargains.

That is why Nerida is careful with her crops and aims to expand each season. She wants to buy more land in other districts to grow vegetables.

She is about to begin the arduous job of sowing corn, potatoes and peas, which makes for an important investment. This is her ninth loan through MFP and she is committed to paying it back on time. She belongs to the communal bank "los Picaflores de Patay" and is very grateful for all the years of trust shown to her and the support from the training talks.

She will use the loan to buy bags of pea, potato and gladiolus seeds and fertilizer, and hire workers.

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess


Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: February 1, 2013
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

7 months
Repayment schedule: At end of term
Disbursed date: February 1, 2013
Facilitated by Field Partner: Microfinanzas Prisma