Jhony initiated a loan request because he needs to buy fertilizers and complete the payment of his workers. This will enable him to do a better job of maintaining his crops. One of the inconveniences that Jhony must contend with is the lack of available workers. When he has to transport his product during the winter season, the roads during that time are in bad condition. His goal is to gradually modernize his farm so that he can generate more revenue. This is his first loan cycle with FAMA and he plans to invest the money well and submit his payments in a timely manner.
About FAMA:Honduras is one of the poorest countries in the Western Hemisphere with approximately 59% of people living below the poverty line. Familia y Medio Ambiente OPDF (FAMA OPDF) is a Honduran non-profit with no religious or political affiliation. FAMA’s mission is to provide quality and opportune financial services so that men and women have equal opportunities to develop their micro or small businesses, whether they focus on agriculture, manufacturing or services. FAMA operates 13 branches throughout Honduras and serves over 12,500 clients.
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Success!! The loan was 100% repaid