A loan of $200 helped to buy fodder for his cattle.

Concepcion's story

Concepción, 62, currently lives alone. He plans to use the loan to buy supplies and seeds to plant fodder for his cattle. He has a patch of land which is not in use and would be perfect for cattle raising, hence his desire to plant fodder. He wants to put the land to good use and believes the loan will help him get started with the planting so he can put the animals there in the future. This will allow him to earn a good profit for his well-being and economic stability.

This is his first loan through FUDECOSUR. He has never had access to any state bank loan; FUDECOSUR is giving him better loan terms with a much lower interest rate.

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Translated from Spanish by Kiva volunteer Sherry Bess

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