A loan of $1,025 helped to buy machines for furniture-making.


Carlos's story

Carlos is 48, married, and lives with his wife and children. With this loan, he plans to buy some machines for woodworking. He wants to buy these machines with the goal of making new styles of furniture and increasing his sales, thus generating more income for his family. He does not have the necessary capital for this purchase, since he has few resources and does not have a way to acquire the funds. For this reason, he is requesting a loan. This is his first loan with FUDECOSUR. He has not had previous loans from state banks, but FUDECOSUR has provided him a loan with the best simplicity and much lower interest rates.

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Translated from Spanish by Kiva volunteer Christine Cooper



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Loan details