A loan of $775 helped contribute 30% to the construction of a rice threshing machine.

Jose Mercedes's story

Mr. Jose Mercedes lives in the Masapia neighborhood with his family which consists of Mrs. Socorro Somoza and their two young children who are studying in 2nd and 3rd grade of elementary school. Jose tends to his 3 blocks of rice fields early every morning which brings him a decent income. Mrs. Socorro es a teacher in the community school. Jose is a member of the agricultural cooperative La Esperanza (Hope), which allows him to become a partner in the purchase of a rice threshing machine if he can contribute $775. His dream is to realize this goal and reduce his production costs in order to improve his income and the living conditions of his family in the future.

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Translated from Spanish by Kiva volunteer Scott Crandall

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