A loan of $1,025 helped to buy compost, herbicides, and pay for labor.

Pedro's story

Pedro is 75 years old, married, and lives with his wife who is highest priority. He will use his loan to buy compost, herbicides, and pay for labor to maintain and improve his sugar cane field. Pedro has plenty of experience in managing this crop. Based on his knowledge, he provides the necessary attention so that he can obtain the best production results. He wants to take advantage of his sugar cane crop so that he can provide for the welfare of himself and his wife. Pedro would like to secure his financial future because he currently has difficulty generating income. He is very confident that increasing his sugar cane production will stabilize his financial situation.

This is the first loan he has received from FUDECOSUR. Pedro has not had any other loans from the state banks. FUDECOSUR is offering this loan with better terms and a lower interest rate.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details