Funded

Total loan: $475
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Francisco


A loan of $475 helped to make improvements to his coffee plantation.


Francisco's story

Francisco is a 76-year old married man that lives with his wife, who is his biggest priority. He plans to use the requested loan to buy fertilizers for the summer season so that the land will remain in good condition, and to hire someone to help with the coffee plantation. He also wants to buy copperwood seeds to cultivate with an aim to increase the plants' density by area and to seize the good fertility of the land and the favorable weather conditions for cultivating coffee. Thanks to these improvements, he expects to obtain some earnings and improve the life conditions of his family. He also wants to invest some more in the land and to pursue some personal goals.

This is his first loan from FUDECOSUR. He hasn't had any other loans before with national banks, but FUDECOSUR has offered this loan with better conditions and a much lower interest rate.

Translator profile picture

Translated from Spanish by Kiva volunteer Esther Alcaina



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: December 17, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: December 17, 2012