Funded

Total loan: $1,025
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Manuel


A loan of $1,025 helped to prepare his land.


Manuel's story

Manuel is 29 years old, single, and lives with his parents and siblings; they are her highest priority. He will use the money from this loan to repair his fences and buy some grass seed so that he can have dense grassy pastures. He will also buy some steer to fatten up. He wants to take advantage of the low prices for some good quality animals. With these repairs and animals, he expects to obtain greater income and in this way improve his quality of life, have personal success, and invest more into his business and be more competitive so that he can take advantage of the land’s and livestock’s good conditions. This will be his first loan through FUDECOSUR. He has not had previous loans with state banks, but FUDECOSUR provided a loan with simpler conditions and at a lower interest rate.

Translator profile picture

Translated from Spanish by Kiva volunteer Hugo Reyes



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: November 27, 2012

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: November 27, 2012