Funded

Total loan: $1,450
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Lorenzo


A loan of $1,450 helped to expand and maintain his banana crop.


Lorenzo's story

Lorenzo lives with his parents in the “11 de enero” area of the Cochabamba department, Carrasco province, town of Entre Ríos. He is single and works in farming. He raises bananas, rice, and yucca. He has an average harvest of 1,200 clusters (one hectare) of bananas, 25qq (one hectare) of rice, and 200qq (0.5 hectares) of yucca. Production is steady throughout the year. He will use the money from this loan to expand and maintain his banana crop. This production provides good income but he doesn’t have enough capital to complete the project. He will use the money from this loan to expand his banana production and create more.

Translator profile picture

Translated from Spanish by Kiva volunteer Hugo Reyes



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: January 28, 2013

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: January 28, 2013