Funded

Total loan: $975
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Alejandro

Peru
Ayacucho, Peru / Agriculture

A loan of $975 helped to buy organic fertilizer and nursery seedlings.


Alejandro's story

Alejandro, 55, is married to Albina and has three grown children who live with him in their wood house. Alejandro has been farming for 18 years and produces cacao. Usually he and his family do the all the work, though on occasion he hires local workers. He likes to grow cacao because the business is profitable and the harvest is easy. His clay-rich land yields a quality product.

On careful examination of his land, he noticed that some of the plantings are old and will not produce pods next season. He wants to replace them with grafting and nursery seedlings to get the best yield from his land. He also needs to buy organic fertilizer, which is essential to producing quality pods. This is his second loan cycle with Kiva. He is very grateful for the opportunity and promises to make his payments on time. With a loan of S/.2,000 soles, he will buy organic fertilizer and nursery seedlings.

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Loan details

Loan length:

10 months
Disbursed date: March 11, 2013
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: March 11, 2013
Facilitated by Field Partner: Microfinanzas Prisma