A loan helped to buy dairy cows in order to make the best of his pastures.

Luis Armando's story

Luis Armando would like to get a new loan, he is 31 years old and lives in a common law marriage with his wife and children who are his main priority. He wants the loan to buy dairy cows that will allow him to make the best of his pastures and at the same time increase his income by selling the milk products the cows produce. He hopes that this loan will provide a better quality of life for his family and greater financial stability. He hopes to be able to continue to develop as a person and as a small business owner. This is the second loan that he has received from Fudecosur. He has no prior loans from state banks however Fudecosur has provided him with a loan with better terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Nic Couldrey.

This loan is special because:

It is structured so that farmers' repayment schedules align with their cash flows.

Loan details

Lenders and lending teams

Loan details