Funded

Total loan: $950
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Idelfonso

Peru
PUCALLPA, Peru / Agriculture

A loan of $950 helped to hire workers for his land.


Idelfonso's story

Ildefonso, 39 years old, is a hard-working man with a lot of desire to move ahead and make progress. He is married and has 5 children aged 6, 16, 20, 21, and 22 years. He lives with his children in his own house. Ildefonso is a farmer; specifically, he grows oil palms, since he has seen it to be an extremely profitable business. For this purpose he has 20 hectares of land, of which he has 6 hectares in production. He has been doing this work for 3 years, thanks to the incentives of the regional government, which gave them the seeds, as well as the help of his children with the maintenance work on the parcels. He likes this work because he has seen that it is pretty profitable for him. It brings a good price in the market in his city, and he is able to make a good profit, with which he pays the workers he employs during the harvest, as well as his family expenses. This will be the second loan with Kiva and he feels very grateful for the support, so he hopes for your cooperation so that he can fulfill his plans. With the amount requested of 2500 nuevos soles, he will hire workers for the harvest of his oil palm parcels.

Translated from Spanish by Kiva volunteer Karen Monat


Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: May 17, 2013
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: May 17, 2013
Facilitated by Field Partner: Microfinanzas Prisma