Funded

Total loan: $1,025
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Erica Nicole


A loan of $1,025 helped to buy inputs.


Erica Nicole's story

Erika is 18 years old, is single and currently lives with her parents. With the loan she expects to buy inputs such as manure and pesticides. She intends to maintain the plantations together with her parents, to maintain them in excellent condition, and the outputs won't be ruined.Thus with her coffee project she will be able to generate more profits to contribute to her family. She doesn't have the necessary capital for this purchase, since she has low resources and doesn't have a way to get the necessary money for this. Because of this she is requesting a loan, and it's the first loan that she has received from FUDECOSUR. She has not had other loans previously in state banks, but FUDECOSUR offered her the loan more easily and the interest rate is much lower...

Translated from Spanish by Kiva volunteer S Mason



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: November 19, 2012

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: November 19, 2012