A loan of $1,000 helped to sow beans.

Fernando's story

Fernando is 67 years old. He is married and lives with his wife and daughter, who are his biggest priorities. With this loan Fernando plans to buy fertilisers and other products for when he sows his crops. With this the seeds will grow better and he will have a better quality product. In addition he will use the money to pay labourers to apply the products and to assist with the planting once everything is ready. This way he will be able to do a good job. Fernando is planning to take advantage of the good weather conditions and the good state of the ground in the region for these crops. He will also use his years of experience to manage these basic grains. As well as buying better products of a higher quality so that the crops develop well and healthy, he will also have a good yield with good production levels in the short term. He hopes the harvest will generate a good income to look after his family's well-being and education. He also wants to achieve some personal goals and continue investing in the plantation. This is Fernando's first loan with Fudecosur. He has no other loans with state banks but Fudecosur has provide Fernando with a loan under better conditions and with a much lower interest rate.

Translated from Spanish by Kiva volunteer Iain Gaw

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Loan details