Funded

Total loan: $725
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Luis Alberto


A loan of $725 helped to buy supplies for the coffee crop.


Luis Alberto's story

Luis, 20, is single and currently lives with his parents. With the loan he plans to buy supplies such as fertilizer and fumigants, as well as help pay for labor. He plans to maintain his coffee crops with special products and hire workers to help with the labor so the crop suffers no harm or loss. This way his coffee-producing project will be able to generate more income to help his family.

Luis is an outstanding man known in his town for his great hardworking spirit. He doesn't have the necessary capital for his purchase or for labor because he has a low income and no way to get the necessary money. This is why he requested a loan, and it's the first one he has received from FUDECOSUR. He had not had other loans before from state banks, but FUDECOSUR offered him a loan with better terms and a much lower interest rate.

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: October 11, 2012

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: October 11, 2012