A loan of $375 helped to buy sheep.

Romulo's story

Rómulo, 54, is married and has lived with his wife Ambrosia for 30 years. They have eight children but only the youngest, 16, still lives at home. This family lives in the district of Palcamayo. Rómulo is an entrepreneur who began with very little but thanks to his effort and dedication has been able to get ahead.

One of his activities is agriculture. He grows large volumes of potatoes. He now has 20 sacks in production for the harvest in May which will bring a good income. He also sells lamb meat every Friday when he travels to Chanchamayo where he has a sales stall. On Thursday and Sunday he sells meat at the market in Tarma. "I buy 15 animals at each fair and I travel constantly in the central forest, where a kilo of meat is in higher demand and commands a higher price. I will earn approximately 30 PEN per animal", he explains. He also has an artisan craft stall in the district of Palca where he sells sheets, shawls, scarves, etc. He believes selling meat is the most profitable business, so he wants to open more sales points in the city of San Ramón and another two in Tarma, sometime in the future. This is his 15th loan through MFP, where he is committed to paying back the loan on time as he has with previous ones. He is very grateful for his communal bank's working system.

He plans to use the loan to buy small, thin sheep so he can fatten them for his meat business.

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Translated from Spanish by Kiva volunteer Sherry Bess

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