A loan of $375 helped to contract day laborers..


Abel's story

Abel, 54, is separated. He has two daughters, 17 and 15. He lives with his older daughter, Andrea, while his younger daughter is in her mother’s custody. Abel and his daughter live in their own home in the indigenous community of Villa María in Chanchamayo Province. Abel is a businessman. He knows how to market his products. A farmer since he was a child, he learned how to earn an immediate income. He plants coffee, plantains and manioc on his two parcels of land. He must do this in order to insure a steady stream of income throughout the year. He notes that “I harvest 1,500 kilos of coffee from my fields.” He sells his crops wholesale. He sells raw coffee beans at 1 sol 40 céntimos per kilo, thus insuring an immediate sale. He is now thinking of expanding his production. Consequently he will invest in the purchase of coffee nurseries and organic fertilizer. With the help of his daughter, who is in charge of preparing food for the day laborers who work the land, he can meet his goals. This will be Abel’s first loan from MFP. He shows the commitment and reliability to make his payments on time. He confides that his results will be better by working in a group and for this reason he belongs to the “Los Productores Yaneshas” Communal Bank. He will invest his loan in paying the day laborers who will cultivate his coffee plants. He pays them 25 to 30 soles a day, including food.

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Translated from Spanish by Kiva volunteer Diane Chaney


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