A loan of $1,125 helped to buy alfalfa seed, and school supplies for her children.

Lourdes's story

Lourdes is 44, and is a cheerful woman. She lives with Miguel, her husband of 15 years. They have two children whom they look after in the home of their in-laws, located in the town of Sicaya.

At this time, she is experiencing a financial crisis, as she rented a piece of land where she planted alfalfa, and the owners of the land have sold all the green grass, causing her to lose everything she invested. But even so, she is not in low spirits, as she has learned to see an opportunity within this problem.

Now she is a bit more careful, as she will plant alfalfa on her own piece of farmland. As it is small, she intends to buy already grown alfalfa grass from third parties. This is because her main source of income is selling bales of alfalfa, that she sends every day to the country's capital; an average of 200 bales.

“My working capital moves every day," Lourdes comments. She feels independent and able to make her business grow. Now she wishes to buy her own piece of farmland, and has started to save money for this, as she no longer relies on renting land from third parties.

She belongs to the “Sicaya” communal bank, and this is her eleventh loan with MFP. She feels very happy, as in all this time, she has succeeded in earning a lot of profits, all thanks to the financial support they provide. For this reason, she promises once again to make her installment payments. As well, she likes working with her group, as all the members are supportive and hard-working people.

When she receives the loan, Lourdes will use the money applied for to buy alfalfa seed, and as working capital for her business; and if the money goes far enough, to buy school supplies for her children.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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