Funded

Total loan: $800
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Freol

Peru
TARMA, Peru / Agriculture

A loan of $800 helped purchase of fertilizer.


Freol's story

Freol is a 31 year old single man who is currently living with his aunt and uncle. Because he had so many siblings, he went to live with his aunt and uncle when he was 12 years old. They instilled in him a strong work ethic, perseverance, and good habits. At 18 years old he began planting with 5 kilos of seeds for peas on his aunt and uncle's land, and got a good harvest his first year, which he sold for a good price. Ever since, he set the goal of increasing his plantings, and currently raises peas, beans, greens, and flowers in rented plots, but he always tries to give himself time to help his family in their own work and crops. His aunt and uncle do the same for him. This year he is thinking of planting 5 hectares of potatoes. Freol is very happy and proud to be from the country.

This is Freol's eigth loan with MFP, and throughout this time has shown himself to be a client who pays on time and never fails to save a little every month. He feels very happy to belong to this communal bank. The money that he asks for is to buy fertilizers for his crops, as well as potatoes, greens, and flowers.

Translator profile picture

Translated from Spanish by Kiva volunteer Shaun Haines


Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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