A loan of $1,225 helped to buy supplies in order to take care of his coffee plantation.


Alvaro's story

Álvaro is 47 years old, married, and lives with his daughter and his wife, and they are his top priority.

He will use his loan to buy supplies for his coffee plantation such as compost, herbicides and foliar fertilizer. The field has been planted for a year and he needs to attend to it in order to obtain a good harvest and also with a part of it in production it also needs assistance in order to strengthen the plantation and thus obtain a good crop yield this growing cycle. He has planned with this improvement to give his little plantation more growing strength and to protect it from being prone to loss from disease and with this harvest to increase the quantity of coffee produced over last year.

Over the long-run he wants to earn more from his fields and to have better financial stability for his future and that of his family. This is the first loan he has received from Fudecosur. He has not had other loans from state banks but Fudecosur has given him a loan with better terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Gail LeGrand



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