A loan of $400 helped to buy fertilizer.

Monica's story

Mónica, 20, is a kind woman living in a house she rented six months ago with her husband, Franklin, and their son, Jean Pierre. She still does not own fields of her own but agriculture is her main economic activity and it produces the economic solvency she needs.

She opened a home-based grocery store recently to be able to save and buy her own farmland. Her main crops are potatoes, corn and broad beans. She currently is growing corn. She sells each harvest in the city and direct from her field. “Everything depends on whether or not I find a buyer before the products ripen. They come to the very field for the harvest,” she comments. She now wants to go into the buying and selling of animals because she sees it as a good option for generating more income.

She belongs to the “Puntaman Puririsum Sachamarca” communal bank which in Spanish means “Adelante Caminemos Sachamarca” [Sachamarca, Let’s Walk Forward). This is her second MFP loan and she very much enjoys the work the group does because she learns new ideas for her crops at each meeting since everyone helps everyone else and cooperates with each other. Because of this, she promises to be punctual with her installment payments. Mónica will use this money to buy natural fertilizer for her next crop of potatoes of the “amarilla” variety.

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Translated from Spanish by Kiva volunteer Polliz

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