A loan of $1,000 helped to buy supplies for growing coffee.

Miguel's story

Miguel is 44 years old and in a common-law relationship. He currently lives with his wife and his seven children, who are his highest priority. Miguel will use this loan to buy supplies to assist him with his work. He has suitable land at his disposal and used it to establish a plantation. Miguel wants to buy compost and all the necessary supplies so that he can replant his coffee farm and obtain the best return from his harvest. He has several years of experience with growing coffee and believes that this is a good time to improve his crops. The upcoming seasons can bring excellent results. His goal is to generate earnings to fulfill his loan payments and still have profits to provide for his family’s daily well-being.

This is the first loan he has received from FUDECOSUR. Miguel has not had any other loans with the state banks. FUDECOSUR is providing this loan with better terms and a lower interest rate.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details