A loan of $1,175 helped to buy land planted with alfalfa.

Lourdes's story

Lourdes, 45, is a cheerful woman. She lives with Miguel, her husband of 15 years. They have two children, whom they have been taking care of in the home of their in-laws for 12 years.

At this time she is going through a financial crisis, as she rented a piece of land where she planted alfalfa, but the owners of the land sold all the green grass, causing her to lose her entire investment. But even so, she hasn't let it get her down, as she learned to see an opportunity within this problem.

Now she is a little more careful, as she will plant alfalfa on her own farmland. As she has little, she intends to buy already-grown grass from third parties. Her main source of income is selling bales of alfalfa, that she sends daily to the country's capital; an average of 200 bales. "My working capital moves daily" says Lourdes, who she feels independent, and capable of making her business grow.

Now she wishes to buy her own farmland, so she began to save money, as she no longer relies on renting land from third parties.

She belongs to the “Sicaya 2000” communal bank, and this is her 12th loan with MFP. She feels happy, as in this time she has managed to earn considerable profits, all thanks to the financial assistance that they provide her. Therefore she promises to make her installment payments. In addition, she likes to work in her group, where the members are supportive and hard-working people.

Lourdes will use the money to buy several sown fields of alfalfa, in order to sell the alfalfa.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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