A loan of $500 helped to buy tools.

Juan's story

Juan, 39, is married and lives with his wife and three children. He wants to use the loan to buy tools for his vehicle repair shop. He has a shop location and the necessary experience to carry out his project, so he wants to buy more tools to be able to give his customers better service. The tools will allow him to do a better job so he can offer his customers better quailty. His aim is to generate more income for his family's well-being. This is his first loan through FUDECOSUR. He has never had a state bank loan before; FUDECOSUR is giving him better loan terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details