SAIS Cahuide revenue reduction
Beginning in 1979, SAIS Cahuide suffered a dramatic reduction in revenues due to the drastic drop in sales of livestock production and sheep wool. This was the last year with the highest profits in its history before beginning a decline that culminated in its liquidation in 1988.
SAIS Cahuide, the largest peasant enterprise in Peru created by the agrarian reform, experienced a dramatic reduction in its income beginning in 1979. The drastic drop in sales of livestock production and sheep wool was a determining factor in this reduction. In 1979 it had reached its highest profits in its history, but from that year it began a decline that would eventually lead to its liquidation in 1988. Revenues in 1985 fell to 48% of what they had represented in 1979, reflecting a deep economic crisis that affected the entire organizational structure.