Funded

Total loan: $1,000
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Gredin


A loan of $1,000 helped to purchase raw materials for his coffee crops and to hire workers.


Gredin's story

Gredin is 33 years old, single and lives with his parents. With the loan, he hopes to purchase raw materials for his coffee crops and to hire workers. He hopes this will improve his coffee production for the upcoming harvest. His coffee crops are in good condition and he wants to improve them so they have better flowering and he can secure a larger harvest. Gredin hopes to earn the necessary income to ensure his well-being and that of his parents and so he can continue making headway as a coffee producer. This is his first loan with Kiva partner FUDECOSUR. He has not had previous loans with state banks, but FUDECOSUR is providing him with a loan with better credit facilities and a much lower interest rate.

Translated from Spanish by Kiva volunteer Marty Greenstein



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: May 16, 2011

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: May 16, 2011