A loan of $1,075 helped buy fertilizer for his crops.


Walter's story

Walter, age 33, lives in his own house with his partner, 29 year old Nelly. They have four small children.

For seven years he has been growing potatoes, beans, peas, corn, and vegetables. This activity has allowed him to buy his fields, build his house, and pay for his family’s necessities. Every morning he and his wife go to work their land. His wife tirelessly helps him with his daily activities. His work is profitable, which allows him to save to buy more farmland.

He likes to look at his weed free plants, which are well ploughed in order to easily water them. Nevertheless, he does not like leaving very early and enduring the intense cold. But, he knows this way his crops will grow rapidly, and he will get regular income to compensate him for all of his efforts.

Later he plans to plant in greater quantities. He will mostly plant potatoes and peas, which are the products that are most requested in the market in the capital (Lima). That is where he takes his crops when he collaborates with his neighbors.

This is his sixth loan with MFP. He is happy that the financial institution continues to have faith in him. The institution provides him with the loan, which is for working capital. That is why he likes working with his communal bank.

Walter plans to use the requested money to buy several sacks of fertilizer, which he needs to improve his production.

Translated from Spanish by Kiva volunteer Ginny Kalish


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