A loan of $725 helped to buy coffee seedlings, fertilizers, fungicides, and pay for labor.

Grace's story

Grace is 39 years old and married, but she lives alone. She intends to use her loan for preparing her land so that she can plant a coffee nursery before the start of the rainy season. Grace will buy fertilizers, fungicides, and pay for labor that is needed to prepare the land. In addition, she will buy a few seedlings to sow in order to have a new crop and more plants that are of good quality. She plans to take advantage of the fertile soil, weather conditions, and other factors that benefit coffee production. With this new crop, she expects to generate a bit more profit in the midterm and improve her living conditions. She will be able to invest a little more into her crops, which will help her to accomplish some of her goals.

This is the first loan that Grace has received from FUDECOSUR. She has not had any other loans with the state banks. FUDECOSUR is providing this loan with better terms and a lower interest rate.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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