Village Banking in a Potato Field

You are here

May 27, 2010

Pat Kelly is Senior Communications Officer at the Grameen Foundation Social Performance Management Center (SPMC) based in Washington, DC. She's has been traveling in Peru conducting interviews with PRISMA Microfinance, an MFI implementing our Progress Out of Poverty Index™ (PPI™).

Potato Farmers in Huancayo

In mid-afternoon I visited quite a different village bank meeting—this one held outdoors in the middle of a potato field. It was potato harvest time and the dozen clients who made up the village bank chose to gather in a corner of the field with their loan officer rather than leaving the field. Some clients had been in this group for seven years. One older mother was joined in the group by a daughter and a daughter-in-law, each with one a swaddled baby.

All said they used their PRISMA loans for growing their crops, and for some animals including cows, sheep, pigs, bulls and guinea pigs. With their harvest income, they buy seeds and fertilizer for their next crop. “We always win at harvest time,” said one. The group confirmed that they had never experienced losses with their harvested crops. When the meeting ended, they all drifted back into the field to continue the harvest.

To read more about Pat's travels through Peru, check out her posts below:

  1. Pat Meets PRISMA
  2. Pat on the Road to Pampas
  3. PRISMA Entrepreneurs in Huancayo
  4. Village Banking at Work

Add new comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Each email address will be obfuscated in a human readable fashion or (if JavaScript is enabled) replaced with a spamproof clickable link.
  • Allowed HTML tags: <p><br><a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

© 2014 Grameen Foundation

Charity Navigator BBB Rating

site design and development by Firefly Partners