A loan of $1,475 helped to buy chemical or organic fertilizer.

Felipe's story

Felipe is 32 years old. He was born in the province of Carrasco in the departament of Cochabamba. He went to school up to the fifth grade. Since he was a boy he helped his parents farm. He has a lot of experience growing bananas. He has worked independently for 9 years with his own land parcels. At first it was difficult to go off onhis own because he didn't have the financial resources to start the activity. The help his father gave him with the labor wasn't enough, because from the beginning he decided to start with 5 hectares. He decided to take out a loan. In order to improve his banana production, he has to apply fertilizer, chemical or organic, depending on how old each tree is. Tthat is why he is asking for a loan to maintain the banana production. This will help him to maintain his income.

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Translated from Spanish by Kiva volunteer Ellen Donohue

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