A loan helped to buy repairs for his tractor which he uses on jobs to help support his home.

Fernando Andres's story

Fernando Andres is 37 years old. He is married and lives with his wife and children.

Fernando needs a loan to buy repair parts for his tractor. This will allow him to repair it with better quality parts, and more quickly, in order to continue with his jobs and contracts. This is how he generates income for his home. He hopes this investment will provide his family a better quality of life and improved financial stability. He also hopes to grow as a person and micro entrepreneur.

This is the first loan he has received from Fudecosur. Even though he hadn't had prior loans with state banks, Fudecosur is providing him the loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Laurie Hiller.

This loan is special because:

It reaches rural borrowers that are considered too risky for traditional banks.

Loan details

Lenders and lending teams

Loan details