A loan of $400 helped to buy fertilizer and hire workers.

Efraín's story

Efraín, 20, lives with Nancy and they have a 3-year-old son named Jeyni. They live in their own house in the native community of Chanchamayo.

He has three patches of cropland where here carries out his main activity, agriculture. He grows ginger, coffee, bananas, and a few yuccas for family consumption. He learned everything he knows during the four years he has worked in the fields. "From the banana crop I harvest 15 truckloads of 1,200 kilos each. It is going well for me", he says. He also uses his parents' car to transport passengers on Saturdays and Sundays. And he earns an additional income from a small store he set up in his house which his partner, Nancy, manages.

Efraín has many plans, among which is to have a good enough economy to give his young family a better lifestyle. Then he wants to buy property in the city and build a house.

This is his first loan through MFP and he is committed to paying it back on time. He says he is comfortable with his communal bank "Los Pomporitos de San Cristóbal", which he just joined, because all the members are hard workers and punctual. He plans to use the loan to buy bags of fertilizer and hire workers to clear the land for his crop activity.

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Translated from Spanish by Kiva volunteer Sherry Bess

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