A loan of $1,000 helped to plant beans.

Carlos Gerardo's story

Carlos Gerardo is 18 years old. He is single and lives with his parents and siblings, who are his main priority. With his loan, he intends to buy bean seeds with high germination that adapt well to the area with good growth, as well as fertilizer and other products for the crop. He will also pay for labor costs to apply the products and help once there is growth. This way, he can make sure it is done well. What he intends to do is take advantage of the good weather and soil conditions in the area for this crop. He also wants to put into practice his several years of experience managing basic grains. In addition, he wants to be able to buy the best products of the best quality for his farm to have good growth and health as well as a good crop and have an important yield in the short term. With the income from the harvest he hopes to obtain, he wants to obtain well being and education for his family and achieve some family goals and keep investing in his crops. This is the first loan he has received from FUDECOSUR. He hasn't had any loans before with state banks, but FUDECOSUR has offered him the loan on better terms and a much lower rate of interest.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details