A loan of $1,025 helped to buy pig feed.


Lidia's story

Lidia Patricia Pig Raising 500.000 A young, enterprising woman who has had the attitude to face her activity and raise her one-year-old son. With support from her husband and her father-in-law, she’s attained great progress raising pigs despite low, mid-year prices. She’s requesting this loan to buy feed for the pigs that are still in the growing stage. The pig farm has grown and needs economic support to improve the conditions of the two most important assets in her farm: the breeding sows and a stud male and the pigs that she’s fattening up and are about 3-months-old. Lidia has been raising pigs for three years. She has the pigpens, pigs and needs money to have enough to buy feed for 17 pigs she’s raising. She hopes to finish with this litter in May and repay her first loan installment and then get the money to invest in more feed because then the insemination and care starts. She hopes the new cycle will produce 24 pigs to raise. This loan will increase what’s set aside because it’s needed to cover the next two Development and Fattening-Up periods with which the expected number of fattened-up pigs for May, 2013, would be obtained. The loan is projected to be repaid in two, semi-yearly payments, one in June and one in December. According to the farm’s needs, this projection will allow for capital at mid-year to start a new cycle of raising pigs and making the respective payments. Feeding will be complemented also with growing corn and bananas on the farm to increase their weight at the end of the period. This is a family business and it’s grown considerably because it has two breeding sows to care for piglets from birth to sale; the entire production cycle is contained within the farm. An investment in these animals has already been made to improve the birth and development of the piglets. Birthing units were purchased and a sector of the pigsties was equipped increasing to three the zones for raising pigs. This gave an important growth impulse to the business last year. A pedigree stud pig was also purchased to breed with the sows thus guaranteeing production of good animals that if fed properly will develop well and this is the part of the business that lack of liquidity creates problems for.

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Translated from Spanish by Kiva volunteer Polliz



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