Funded

Total loan: $800
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Juan Carlos


A loan of $800 helped to buy shop tools.


Juan Carlos's story

Juan Carlos, 38, is married and lives with his two children and his wife.

With the loan he wants to buy tools for his mechanic shop. He has a place and the experience necessary to get ahead with the project, for which he wants to buy more tools to be able to give his customers better service. With the purchase of these tools he will perfect his work and be able to offer his customers better and higher quality results. With this he wants to generate the greatest quantity of profits for his and his family's well-being.

This is the first loan he has received from FUDECOSUR. Previously, he had not had other loans from state banks, but FUDECOSUR has offered him this loan with better terms and a much lower interest rate.

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: August 22, 2011

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: August 22, 2011