A loan of $1,100 helped to buy to buy 30 sacks of organic fertilizer and 50 sacks of guano manure.

Moises's story

Moisés is 47 years old and an exemplary father. He and his wife Betty are able to move forward so that they can offer a good education for their three children. Their children live in the city so that they can pursue a good education. Moisés and his wife live alone in their own home in the rural district of Huaricolca. As residents of this area, they divide their time among different business activities. Betty manages a small grocery store where she offers basic necessity products every day. Meanwhile, Moisés provides transportation services and has a route that runs from Tarma to Huaricolca. However, the business activity that unites them is farming. Every weekend they look after their crops of potatoes, oats, and “ulluco” that are grown on two hectares of productive farmland. They rent additional land on a seasonal basis. Moisés and his wife have been farming for 21 years and this has enabled them to send money to Lima, where their children are studying. In the future, he wants to buy a house in Lima where he plans to open a grocery store and build rental rooms so that he can be near his children and see them develop.

Moisés is a member of the Communal Bank “Nueva Esperanza” (New Hope) and this is his sixth loan with MFP. He is pleased to be a member of the Communal Bank because the members are close and supportive of one another. For this reason, he promises to submit his payments on time. Moisés is planning to plant potatoes of the “Única” and “Tomaza” varieties, which is why he is receiving this loan. The money he requested will be used to buy 30 sacks of organic fertilizer and 50 sacks of guano manure, which will be helpful with his next crop of potatoes.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details