A loan of $975 helped to buy fertilizer and to pay for dayworkers.

Juan's story

Juan, 48, is a hardworking and dedicated man who has a strong desire to make progress. He lives with Juana, who is the mother of his 2 children, and who is also a farmer. He lives with his partner, one of his children, a daughter-in-law, and a grandchild. They live in a house that he bought with a lot of effort. Juan cultivates palm oil on 27 hectares of land that he acquired years ago. He has 3 hectares of land where he cultivates palm oil, and another 3 hectares where he cultivates cocoa; these being alternatives to growing coca leaves. He has been doing this work for 4 years, and he relies on the help of his children during the harvests, with whom he shares the earnings. In addition, he hires temporary dayworkers. He considers his work to be profitable because of the demand that he has, and also the good earnings that he gets.

Juan likes his business because he knows it very well, having spent many years in this line of work. He is passing this experience down to his children. Also, with the earnings he generates he has known how to support his family and provide for all of their needs.

On the other hand, what he dislikes is that living so far in the country they have been delayed in getting basic services such as electricity. But with the new social programs this is getting better. Juan now wants to expand his business so that he can leave his children with something to make their future more secure.

This is Juan's 8th loan with MFP, and he awaits your cooperation so that he can continue with his objectives. In addition to being on good terms with his communal bank, he knows most of the members and considers them to be good people. With the 2,500 Peruvian soles he requests, he will invest in the purchase of manure for his palm oil production, and he will also pay for labor to harvest his products.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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