A loan of $1,000 helped to tend his coffee crop.


Elicelio's story

Elicelio is 57 years old and lives alone. He is seeking a loan to buy the things he neds to tend his coffee farm and be able to improve it to ensure the best crop. He has a plot of land that iss ideally suited to coffee growing and he aims to improve the plantation so that the coming harvest delivers the best possible yield. His main goal is to generate financial returns that will keep him ahead of the repayments; to improve, day by day, his economic situation; and to keep growing the coffee farm as far as he can take it. This is Elicelio's first loan with FUDECOSUR. He has never had a loan from the state banks before either, but FUDECOSUR has offered him credit with better arrangements and much lower interest rates.

Translated from Spanish by Kiva volunteer Rosa Oswald



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