Funded

Total loan: $600
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Luis Angel


A loan of $600 helped to buy farm supplies for his coffee crops.


Luis Angel's story

Luis Ángel, 44, is single living with his mother and siblings at present. He intends to use the loan to buy farm supplies for his coffee crop which is in regular condition. He will use the money to buy manure and herbicide and will pay labor costs to do the work required on his property. His goal is to increase coffee production his next harvest so that he can have a stable economy for the future. He plans to become a producer of the best coffee in the zone where he lives in order to have what’s essential: the means to repay the loan. He also plans to provide his family with support to improve their quality of life and to be able to use profits to start saving for the future in case a crisis should arise. This is his first Fudecosur loan. He’s had no previous loans with state banks and Fudecosur offered the best loan terms and a much lower interest rate.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: August 13, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: August 13, 2012