A loan of $500 helped to grow ginger.

Eduard's story

Eduard, age 28, is in a common-law marriage. He lives with his wife, and she is his greatest priority.

He intends to use the loan to buy fertilizers, other chemical products, and seeds. He will also pay for the labor to sow and tend to the plants. This way he will make sure that he does a good job.

He is trying to take advantage of the good climate and soil conditions that he has for this crop. He will also put into practice his several years of experience managing these plants.

In addition to being able to buy the best products and the best quality for his plants, they will develop well, and they will be healthy. He will have a suitable production in the short term.

He will use the income from the harvest that he hopes to have for his family’s well-being. He will also meet some family goals and continue investing more in the crops.

This is his first loan from FUDECOSUR. He had no previous loans with state banks but FUDECOSUR gave the loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details