A loan of $925 helped to buy sacks of fertilizer for his coffee groves.


Hugo's story

Hugo is 38 years old and lives with Encarnacion, his wife. They have 3 children: Yelsi, Nicol, and Paola. As a family unit, they live in their own house in the community of Sanchirio el Palomar (in Peru's central jungle). Family life centers on God. Hugo and his wife cultivate faith among their children. This helps them in the work they do, sowing coffee and plantains, which is their economic activity. They have been dedicated to this for 8 years. They say that what they like most about this is being able to clear their agricultural land. “I enjoy removing weeds from the land,” says Hugo.

Every 15 days he visits the city of La Merced where he sells harvested plantains, but his coffee production is sold to buyers who constantly visit his fields. Hugo lacks capital to improve the quality of his plantations, since he is investing in his children's studies. But he is accumulating money to open a grocery store, with which he hopes to generate new income and thus, to invest more money in agriculture.

Hugo belongs to the “Buenos Aires” (Good Breezes) communal bank and this is his 4th loan with MFP, where he likes the work they do together. In a short time he has been able to make improvements in his crops. That's why he promises to be punctual in his payments. With this loan, Hugo will buy natural fertilizer for his coffee groves, since he wants to maintain their quality for the coming harvest.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD


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