A loan of $6,000 helped to buy plantain seed stock, fertilizer, tools, and other inputs for a plantain project.

Benjamin's story

Benjamin is an industrious farmer who emigrated to the Darien province of Panama when he was a boy. With his wife and four kids, Benjamin lives from the land, growing corn, rice, and beans for seasonal production, and subsistence crops like corn and rice to feed his family. He also breeds cattle on a small scale.

With prices for plantains rising in the area, Benjamin sees an opportunity to put three hectares of his land under plantain cultivation and increase his income. In partnership with Planting Empowerment, he will use the Kiva loan to purchase plantain seed stock, fertilizer, and other inputs, and help cover the labor costs of planting, maintaining, and harvesting the plantains.

Benjamin plans to use the proceeds from the plantain harvests as a supplement to his income. He sees the plan as a double benefit, first as a daily wage, and second, the profit sharing. If all goes well, he may be interested in a long-term timber project in the future on this same land, and again have an agricultural component to the project.

Loan details

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Loan details