Funded

Total loan: $475
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Rosalino

Peru
TARMA, Peru / Agriculture

A loan of $475 helped to purchase fertilizer and insecticide.


Rosalino's story

Rosalino is 34 years old and has lived for 5 years with his partner with whom he has three children. At present they live in their own house. He and its wife have planted small gardens with coffee and a variety fruit plants. In some cases it will take 3 long years for the first harvest, in others it will be every 15 days. He is very pleased because this enterprise enables him to cover the cost of food and promote his family’s welfare, and it also makes him happy to be working with his wife and children who support him in tending their small gardens. He yearns to buy his own agricultural land so that they do not have to continue sowing rented land. This would improve their income, allowing him to provide an education for his children who will soon require greater resources to be able to study. Rosalino has just been sworn in as the director of the communal bank, where has made the commitment to comply with his duties and responsibilities. This is the 5th loan with MFP, and Rosalino has always been responsible for making all payments in a timely manner. The funds requested will be used to buy fertilizer and insecticide to combat plagues that attack his fruit-bearing plants.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisette Artiga


Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: February 13, 2009
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Repayment schedule: At end of term
Disbursed date: February 13, 2009
Facilitated by Field Partner: Microfinanzas Prisma