Funded

Total loan: $375
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Walter

Peru
Ayacucho, Peru / Agriculture

A loan of $375 helped to hire workers on site.


Walter's story

Water is 24 years old and lives with his wife in a house made of adobe. He is in agriculture for a living because as a child he grew up in the countryside together with his parents who relied on him for small tasks cultivating cocoa and coffee to obtain income and maintain themselves economically. When he grew up, he began to work a lot because he had a family and needed to get ahead in life. His parents decided to help him, gifting him a small plot of land with fields of cocoa that helped him start independently. Today he says he has a hectare of crops where he also has fruit trees. To improve the quality of his products he usually uses organic fertilizer because he thinks using artificial fertilizers deteriorates the quality of his soil. When it is time to harvest his products he hires site workers to then dry the extracted cocoa beans and sell it to the buyers of the zone, hoping to recuperate the money that he invested and also to obtain additional income. This is his first loan with Kiva and is very grateful for the financial support that he is receiveing to continue getting ahead in life. On this occasion, he would like to request 1,000 nuevos soles to contract on-site workers and remove the weeds from his farmland.

Translator profile picture

Translated from Spanish by Kiva volunteer Erin Yamaoka


Loan details

Loan length:

13 months
Disbursed date: May 29, 2013
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: May 29, 2013
Facilitated by Field Partner: Microfinanzas Prisma