Total loan: $1,050


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Ayacucho, Ayacucho, Peru / Agriculture

Marcelino's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Start a new venture selling animals.

Marcelino's story

Marcelino is 32 years old, married, and has two school-age children. He currently resides in the town called Palmapampa in the Ayacuchan jungle where he lives in a rented house.

At young age, Marcelino learned from his parents how to grow cacao, coffee, and coca leaves. He noticed that their business was very successful, which is why at the moment he fully dedicates himself to his farming activities, especially growing cacao and coffee. Marcelino now has big plans. He does not want to cultivate in small plots like his parents, but in large hectares to produce on a grander scale. Marcelino usually sells his products from the same location at either wholesale or retail prices according to what the market requires. In the future, he wants to buy his own house for his family so that he doesn’t have to pay any more rent.

This is his thirteenth loan with MFP. Marcelino commits to making his payments and also feels grateful to his Communal Bank because the members all support one another if anyone experiences any mishaps. With the money he requested, he will buy a few animals to attract additional customers and generate new income apart from farming.

Translated from Spanish by Ronan Reodica, Kiva Volunteer