A loan of $1,000 helped for construction tools.

Freddy Gerardo's story

Freddy Gerardo A. Borbón, 47, is married and has three children who are his main priority in life. He wants to buy some machines, like drills and a welding machine among others, he needs for housing construction. He has been in the housing construction business for several years and does quite well so he wants to invest in new machinery.

This is his first loan from FUDECOSUR. He has no problems with his business and wants to increase the number of machines he owns in order to do the jobs more easily. He also wants his small construction firm to stay in business generating more work offers for profit.

He has had no other loans with state banking institutions. FUDECOSUR has offered the best terms and the lowest interest rates.

He also hopes for personal growth and for the growth of his small firm so that he can generate more income for his own and his family’s wellbeing.

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Translated from Spanish by Kiva volunteer Polliz

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