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Total loan: $50,000
Lima, Lima, Peru / Agriculture
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Inka Moss's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to provide 2,900 families in the Andes with sustainable sphagnum moss harvesting training and employment that will double their annual incomes.
Inka Moss's story
Peru’s economic growth in recent years has reduced the general poverty in the country, yet this improvement does not directly reach outlying populations living in extreme poverty. In the rural areas of the Peruvian highlands, 49% of the population lives in poverty with 16% facing extreme poverty. Inka Moss works with communities that live 2,500 to 4,200 meters above sea level in rough terrain with difficult access. The geographic conditions of the area limit the agriculture to potatoes, primarily, which have low profitability and require significant upfront costs. This has not allowed communities to overcome poverty. In July 2015, Kiva lenders like you raised $50,000 USD that enabled Inka Moss to integrate 2,800 families into its supply chain, 1,300 families beyond its target. Despite having trained this many families, Inka Moss’ growth has been limited by its drying capacity, which reached its maximum in 2018. With this new loan, Inka Moss will build 5 new solar-powered drying beds in Jauja that will increase its processing capacity. Expanding the drying capacity will enable Inka Moss to purchase more product from Andean communities living in poverty and double their annual income. Your loan will support 2,900 families to access training to sustainably harvest moss, as well as to increase the company’s capacity to consistently source moss from harvesters so that they can maximize their income. This, all within the limits of the environmental management plans.