A loan of $400 helped to hire day laborers and to buy organic fertilizer.

Rosaura's story

At the age of 51, Rosaura has a mission: to get her four children ahead. Together they live in a home built of wood. For 20 years she has been making a living in the area of producing organic cacao in her town. She started with the support of her parents, who gave her a plot of land as compensation for always helping them a lot with the farm labor since she was a little girl.

Currently she grows cacao seed. She says that previously she wanted to get into pineapple production but she decided to postpone it because the land still had cacao trees in their productive phase and it's feasible to get the maximum profit from them. To supplement her earnings she harvests some fruits, such as oranges and bananas, and sells them to vendors in the street fair in her town to earn additional profit for her weekly purchases. She wants to have enough capital to start the cacao-planting season smoothly, so she needs to weed, hire day laborers, and apply organic fertilizer.

She's a mother who offers to help with the various commercial activities, so she planned to get started raising pigs using some technology because she thinks the price they get currently is very profitable compared to other barnyard animals. This is her first loan with MFP. She's grateful for the opportunity to get into the world of micro-loans because she needed to be solvent to work smoothly.

The 1,000 nuevos soles [PEN] will supplement her capital for paying the day laborers, starting the cacao-planting season, and buying sacks of organic fertilizer to guarantee a quality production.

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Translated from Spanish by Kiva volunteer Catharine Wall

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