A loan of $1,075 helped to purchase organic fertilizer.

Eduardo's story

Eduardo, 26, is a happy and hard-working man. He lives with Cecilia, 22, and they have 2 children: Sarai, who is 5, and Tany, who is 2. The 4 of them live in their own house located in a rural area of Santa Clara. Their future plans are to acquire their own agricultural land. Eduardo has been working diligently for 5 years on rented land where he grows potatoes, peas, beans, and other vegetables. After each harvest, he sells them at the central market in the city of Tarma. Every harvest is a product of his effort. He makes good profits, and he is thankful to his communal bank for their support. He is saving money every day, and he now lacks very little to be able to buy his own land. With it, he predicts that he will have more profits and will be able to buy much more. He also has 4 dairy cows that produce enough milk to make molds of cheese that he sells at a market on Thursdays and Sundays. He also has 2 strong, big bulls that help him plow the land where he grows his main native crops of the area.

He belongs to the communal bank, "Trabajemos unidos" (We Work United), and this is his seventh loan with Microfinanzas Prisma. He is thankful for the lessons offered by the members of this group, which motivated him to get ahead and think about the future. This is what motivated him to be the president of his little bank. Eduardo began his potato crop with the variety, "primeriza," which requires a lot of care. With the money requested, he will buy various bags of organic fertilizer (such as bird manure) to ensure a good production.

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Translated from Spanish by Kiva volunteer Tanya Harper

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