A loan of $775 helped to buy fertilizer and contract day laborers.

Gregorio's story

Gregorio, who is 56 years old, is a hardworking and very responsible man. He is single and lives by himself near a town; all his family members live in the country's mountains. He has his own house, from which he works day after day to create a better quality of life for himself. Gregorio's work consists of farming; he earns his living planting and harvesting two fundamental crops of the region where he lives. He grows oil palms, and that yield is sold to a very big oil-producing company. He also grows cacao, which he sells to various buyers who come from the capital looking for cacao, since the region produces the best of that fruit. Both crops are encouraged as alternatives to growing coca leaves. Gregorio has been working with cacao for six years and oil palm for four years. He does this alone, and when it is planting or harvesting season, he contracts workers who help him fill his orders on time. He considers his business profitable because of the demand and the good earnings he is left with.

Gregorio likes his work because he is in contact with nature and it is an environment in which he feels very comfortable. He loves what he does and it's going well since he is selling his yield at a good price. He hopes in the future to set up a business processing the raw cacao.

This is Gregorio's fourth loan with the MFP institution, and it's going well so far. He hopes to continue progressing in this way, and he says he is very grateful for the opportunity that they have given him to be able to invest more in his crops. With the amount requested, 2000 soles (PEN), he will buy fertilizer for his oil palm and cacao crops, and he will contract some workers to help him with the work.

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Translated from Spanish by Kiva volunteer Holly Torpey

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