A loan of $375 helped to buy bags of bird guano and to hire laborers.

Fidel's story

29-year-old Fidel is a married man. Yolanda, his wife, and his 3-year-old daughter Estefany are his biggest treasures. He lives together with his family in his own home, in the small village of Yanapuquio, in Palcamayo district, Tarma province. Fidel is a hard-working man. He has worked as a farmer for 10 years and knows that it is for him. "I grow Yungay, Andina and Jilgero potatoes because there is a constant demand for them", he says.

Fidel's plots of farmland are located over two districts. In Palcamayo he has plots in 5 different places and in Palca he has 5 lots. Owing to the distance between his plots of land, he has to be away from home almost all day long and he has to divide his time in such a way that all his crops bear the expected fruits.

Fidel's need to hire laborers is urgent. He pays his laborers 25 soles a day each.

Fidel sells his harvests in the wholesale market in Tarma. Each sack of potatoes costs an average of 35 soles. However, bearing in mind that his harvests reach 800 sacks a year, his income is sizable.

Thanks to how well his business is going, Fidel is planning to acquire a new plot of land so that he can produce other varieties of potato. This will be his 14th loan from MFP and he pledges to be punctual in making his monthly repayments. "Zona Semillera de Yanapuquio" is the name of his community bank. He feels happy and pleased with the results he has obtained. He will invest his loan money in buying bags of bird guano. He will also pay the laborers who he will hire to turn his soil and grow his potatoes.

Translated from Spanish by Kiva volunteer Linda Oxnard

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