A loan of $1,000 helped to maintain his bean crop.


Ovidio's story

Ovidio is 45 years old, married, and lives with his son and wife who are his main priority. He plans to use his loan to buy supplies such as fertilizers and agricultural chemicals to keep his crops in top condition. He has a plot of land which is in very good condition for growing his crops and so he re-sowed them there this year. He plans to make as much profit as possible and produce a very good harvest so that he can make a good sum of money from his sales. He plans to use this money to repay his loan and improve his future financial stability.

This is the first loan that Ovidio has received from FUDECOSUR. He has not received previous loans from State banks but FUDECOSUR gave him this loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Linda Oxnard



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Loan details