A loan of $1,025 helped to buy supplies for his coffee plantation.


Luis Eduardo's story

Luis Eduardo is thirty-three, married, and lives with his wife and two children, one of whom is in school, while the other attends secondary school. With the loan, he wants to buy supplies for his coffee plantation, such as fertiliser, fumigation, and some herbicide. He would also like to hire help. These will help keep the plants in good condition, enabling him to produce a bit more and thus earn a bigger income to have a better quality of life and be able to afford his children's education. This is his first loan with field partner Fudecosur. He never even took out a loan with a state bank: he turned to Fudecosur because of the much lower interest rates and the less strict granting conditions.

Translated from Spanish by Kiva volunteer



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