A loan of $1,000 helped buy seeds and farming materials.

Miguel Algel's story

Miguel Ángel is 45 years old, single and lives with his parents. With the loan he wants to buy seeds and bags to make the seed bed, as well as materials like manure, herbicides, fumigate, labor, shovels, knives and a wheelbarrow to carry the dirt for the bed. He hopes to buy seeds and bags to make the bed and with the other materials work to have a great harvest and sell it at an excellent price to the local market to have more earnings and subsequently have a better quality of life and economic stability. This is his first loan through FUDECOSUR, he has not received any other loans from state banks but FUDECOSUR gave him the loan easily with lower interest rates.

Translated from Spanish by Kiva volunteer

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Loan details