LIMA, PERU // It’s the juice that’s all the rage in Peru. But first, catch your frog from the shores of Lake Titicaca.
They are the main ingredient in a juice blend that some believe has the power to cure asthma, bronchitis, sluggishness and a low sex drive.
To make the mix, which is sold in the Andes and in the capital, Lima, juicemaker Maria Elena Cruz takes a frog from a small aquarium and kills it by whacking it on the counter of her juice stall. She peels off the skin and drops the little fellow into a blender with carrots, the Peruvian maca root and honey, before pouring out the greenish juice.
“Frog juice is good for anaemia, bronchitis, bones, the brain, fatigue and stress,” Ms Cruz says.
Children and adults alike come to her juice stall, especially people with anaemia, respiratory issues and tuberculosis.
The frogs are from the Telmatobius culeus species locally known as the Titicaca water frog.
It is listed as critically endangered by the International Union for Conservation of Nature.
Cecilia Cahuana, 35, who believes in the health benefits of the frog juice, says: “It cures asthma and bronchitis, and it has vitamins and plenty of proteins.”
* Associated Press
Rodrigo Abd / AP Photo
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Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
Company profile
Name: Steppi
Founders: Joe Franklin and Milos Savic
Launched: February 2020
Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year
Employees: Five
Based: Jumeirah Lakes Towers, Dubai
Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings
Second round raised Dh720,000 from silent investors in June this year