A loan of $1,550 helped to buy cattle and feed for them, so that he can generate greater income at time of sale.

Francisco's story

Francisco is 58 years old, married and has a dependent school-aged daughter. He lives in his own house in Caserío Monte Hermoso, located 20 minutes from the agricultural district of Mórrope. The work he does is buying, raising, and selling animals, especially cattle. He has more than eight years experience in this line if business. He raises his animals in pens located outside his home, and feeds them with natural grasses.

The client sells his cattle to buyers who come to the settlement. In addition, he is a farmer, and has planted corn on his own land.

The income that these activities provide helps him to meet his family's expenses. Francisco is applying for a loan of 4000 nuevos soles, which he intends to invest in the purchase of cattle and their feed, so that he can generate greater income at time of sale.

He has previously had loans with Edpyme Alternativa, and has shown himself to be a punctual and responsible client.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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