A loan of $800 helped to purchase wood and materials to make furniture.


Miguel's story

Miguel is 59 years old, married and lives with his wife and two children. He is requesting the loan to purchase wood, varnish, nails and other materials needed to make furniture. He wants to increase his raw materials in order to have more furniture to sell at the local market and those in the surrounding area. This will give him more financial stability so he can provide his family with a better quality of life. This is his first loan with Kiva partner FUDECOSUR. He has not had previous loans with state banks, but FUDECOSUR provides him a loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Marty Greenstein



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Loan details