A loan of $300 helped to buy merchandise to stock his store.

Virgilio's story

Virgilio, 42, lives with María Elena with whom he has five children who are 18, 16, 13, 10 and 7 years old. This numerous but united family lives in a house of their own in the indigenous community of Yavirironi, Río Negro District-Satipo.

Virgilio started farming 20 years ago; his specialty is cocoa bean production. His family needs pushed him to acquire more land where he now grows coffee. Two years still have to pass before his coffee produces its first beans; Virgilio is excited. “Cocoa bean sales are profitable. Each year I harvest 5 sacks of 70 kilos each,” he says. His best sales take place in the city of Satipo which is why he mostly lives there capturing customers.

Virgilio is an intelligent man. With all of his knowledge about the fields he manages to support and educate his five children. He still has many goals to reach, like seeing his children become independent people, and he will not rest until they do so. He now plans to open a small grocery store that his children can run when they are on vacation.

This would be his first loan with MFP so he commits to being punctual with his monthly installment payments. He also mentions that he feels happy to be part of the new “Inkani” communal bank. With the money he will be able to open a small grocery store at home. To do so he will buy groceries, soft-drinks and snacks.

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Translated from Spanish by Kiva volunteer Polliz

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