A loan of $625 helped to buy a welding machine.

Jose's story

José Alberto is 36 and lives with his common-law wife. He will use the loan to buy a welding machine. He works in construction and does all types of construction and needs this machine for better finish and quality. He has had years in this work and he wants to continue perfecting it to give his customers what they want. His goal is to get the most income for the welfare of his family and for their economic stability. He is also thinking about increasing his customers with better work so that he will have continuous jobs.
This is the first loan that he will have with FUDECOSUR. He hasn’t had other loans with government banks but FUDECOSUR has offered him the loan with great terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Miriam Palacio

Loan details

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Loan details