Investing in Irrigation

Hectares of land owned
Borrowed to invest in an irrigation system

MS. GABRIELA MORÁN | Client of MicroVest portfolio company, Microserfin

Ms. Morán lives in Peñas Blancas, Capira and owns three hectares of land, where she grows and cultivate crops like Cilantro, Mustard, Chives, Parsley, and Coffee. While her business is productive and generates enough resources to support herself and her family, every summer, her crops wither due to drought, resulting in productivity losses. A family member recommended that Ms. Morán apply for a loan to invest in an irrigation system that would allow her to maintain her crops during adverse weather events.

Being extremely wary of lenders and unsure about her ability to obtain a loan, Ms. Morán cautiously approached Microserfin to request a loan of USD$2,000, and was approved. According to Ms. Morán, she never thought that she would qualify for a loan. However, the process of taking out a loan was simple and fast and ended up being just what she needed to help her business grow and expand.

The client of our portfolio company profiled here is for educational purposes only and may not represent all of the portfolio holdings. It should not be assumed that investments in the company identified and discussed were or will be profitable. The companies profiled were selected based on their financial inclusion and impact with no reference to amount of profits or losses, realized or unrealized.