A loan of $1,300 helped to buy plantains and seeds.

Ney Roberto's story

The “Esperanza Nueva” borrowing group meets every two weeks in the city of Tosagua. This area is known for being very dynamic, where most of the residents are farmers and raise livestock. It’s an area of great vegetation.

Ney lives here. He is 41 years old, married, and has four children, ages 21, 16, 11, and 3. The three youngest attend school. His wife is a housewife.

Ney is a farmer, like many others in the agricultural zone, but is also a merchant because farming does not provide everything he needs to get his family ahead. He raises corn, peanuts, and sometimes cotton in the winter and currently has several hectares of said crops. He also buys plantains from local farmers and then sells them for a good price at the local market and makes a good profit. This is how he strives to provide for his children.

He will use this loan to buy plantains and seeds, now that the winter will be here soon and he hopes to plant on time. He has been with the borrowing group for two years and he enjoys it because the loans help him very much to get his family ahead. His dream is to have a car so he can transport his products, since transport is expensive and this takes part of his profits.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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