A loan of $525 helped to buy supplies for his new coffee plantings.


Carlos's story

Carlos is 38 years old, married, and lives with his three children and his wife, who are his main priority. He plans to use this loan to sow a bed of coffee that he owns and to buy the fertilizers he needs for his plants to grow. He has suitable land for planting this crop and would like to sow all his land with coffee in order to increase the amount of land he has under production. He has the experience he needs to carry out the project in which he will invest. Carlos' goal is to be able to sow this new coffee crop so that he can achieve a bigger harvest next year and thereby continue improving his financial stability and his family's well-being. This is the first loan that Carlos has received from FUDECOSUR. He has not received previous loans from state banks but FUDECOSUR have given him this loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Linda Oxnard



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