A loan of $975 helped to buy jars, which he'll use to package his products.

Ricardo's story

Ricardo is 31 and unmarried. He lives in his mother's house with his mother and his 11-year-old son. He works in his own food processing operation, processing primarily artichokes, which are native to his region. His job involves obtaining the artichokes, either by growing them himself or buying them wholesale from other farms, extracting the pulp, and packaging it into airtight jars. He also buys trout wholesale from a relative's fish farm. As soon as his merchandise is ready, he travels to the capital, Lima, to sell it in the main markets. Over the past 5 months, Ricardo has found this to be an excellent way to generate income. Both his clientele and the demand for his products have grown, so now he wants to increase production, and further improve the quality of his products. His dream is to have a food processing company and his own trout farm so he can become a major supplier.

This will be Ricardo's third loan with MFP; he has learned a lot about teamwork, and his sense of responsibility has grown. He plans to use his loan to buy containers for his artichokes so he can make them look better. Each package of containers costs 45 soles, and he wants to buy 50 at this time. He'll use the rest of the money to buy more wholesale artichokes and trout.

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Translated from Spanish by Kiva volunteer Jill Heske

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Loan details