A loan of $950 helped buy sacks of organic fertilizer and sheep meat.

Edgar's story

Edgar is 34 years old and has been with his spouse, with whom he has 2 children, ages 9 and 7, for 12 years. This family lives in the warmth of their own home in the district of Palcamayo. Thanks to his abilities and skill, Edgar has known how to carry out his activities with great efficacy.

As a child, he learned how to work the land at the side of his parents. Currently, he has potato, olluco and oca (Peruvian tubers) crops. At harvest time, his product sells very well at the wholesale market in Tarma.

He also has 250 heads of sheep and some cows. With these animals, he was able to start a business selling meat. “For each fair, I butcher 2 sheep and sell their meat, head, hide, and the hooves and giblets,” he comments, adding that his business’ profits hinge on capturing repeat customers. To facilitate both activities, Edgar counts on a small truck that he uses to transfer his crops, animals and other products.

Increasing his tuber production is one of his goals, as well as opening meat sales stalls at the market in Tarma, which is why he continues to work arduously. This would be his 15th loan with MFP and, as he has done all this time, he commits to being punctual with his loan payments. “Looking Towards a Better Future” is the name of his cooperative bank and, concurrently, one of his goals.

He will invest 50% of the funds into buying organic fertilizer for his potato crops, and the other 50% to buy sheep meat to resell at a higher price.

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details