A loan of $500 helped to increase his stock of merchandise.

René's story

René, 55, is a cheerful, hard-working man who has three grown children who have their own families. He and his wife live as caretakers on a farm that belongs to someone else.

He raises cattle for a living and gets up very early to feed the animals and take them out to pasture. He and the farm owner take care of the livestock. René has been in this trade for 11 years, but began raising his own livestock six years ago. The good thing is that he can earn a salary as a caretaker and also raise his own animals. He works alongside his wife, who is always there to support him. And, they recently set up a grocery store that his wife manages. In the future they want to buy land to raise their animals.

This is his fifth loan through MFP, so he hopes to continue with his objectives. Once again, he is committed to paying it back on time, just like with the previous loans he has had. He is happy to belong to his communal bank because all the members are very united and responsible. The 1,300 PEN loan will be used to buy groceries and products for his store.

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

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Loan details