A loan of $700 helped to buy seeds and farm supplies.

Juan's story

Juan, 58, is married and lives with his wife and a son who are his priority. He will use the loan to buy farm supplies and seed. He has a plot of land that’s suitable for this crop and he also has several years’ experience growing corn. He wants to plant in a settled area with favorable growing conditions for this crop and also to have the necessary supplies on hand for fertilizing and improving the crop. He expects to generate the maximum profits possible with the crop to improve his standard of living and his family’s wellbeing. He also believes that profits generated will allow him to repay the loan. This is his first Fudecosur loan. He’s had no previous loans with state banks and Fudecosur gave him the best terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details