A loan of $1,125 helped to buy 10 sacks of fertilizer, pea seeds and a bull.


Juan's story

Juan is 46 years old and has been married to Esperanza for 26 years. They have four children who are now 24, 22, 20 and 13 years old. Juan and Esperanza have seen three of their older children become independent. They now live with their youngest, who is 13, in their own home in the small village of Cochayoc. Juan and his children have been instilled with a desire to work in farming. On their plots of land they grow potatoes, peas, beans and corn. Potatoes are the most profitable product that they grow. They harvest these twice a year and sell them immediately. "In April the price of potatoes falls so we must maintain them and pick them in May. In that month we can make more money for them" explains Juan, signaling the law of supply and demand as being the main difficulty that he has to overcome each year. In addition, Juan has animals: 4 cows, 4 bulls, sheep, guinea pigs and pigs. He gets milk from the cows, he couples the bulls with a yoke (he attaches the bulls by the head to a special tool called a 'yoke' so that they can plow the soil), and he raises the sheep and then sells their meat or sells them alive to be slaughtered in other towns. In all this work, he has had problems. For example, in previous years his cattle became sick and he had to kill them immediately. For this reason, he constantly calls veterinarians to his community to give them check-ups. This will be Juan's 9th loan from MFP and he hopes to receive your help. He pledges to make his repayments according to schedule. As regards his community bank, he says that he is happy and satisfied with his fellow members and the work that they carry out. Juan will use his loan money to buy 10 sacks of fertilizer, which will cost 1,200 soles, pea seas, which will cost 500 soles, and will use the rest to buy a bull for approximately 1,500 soles.

Translated from Spanish by Kiva volunteer Linda Oxnard


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