A loan of $800 helped to buy fertilizers and fungicides, and to pay workers.

Cosme's story

Cosme is 64 years old and lives with his children and wife who are his main priority in life. He plans to use his loan to buy fertilizers and fungicides, and to pay workers to carry out some work on his coffee plants. He will also buy some nursery plants so that he can do some resowing at the beginning of the rainy season. This will help him to increase his plant density and he will be able to make the most of the good fertility of the soil, the climatic conditions and other conditions that favor coffee growing. With these improvements in place, he hopes to make a little profit and thereby improve his family's living conditions. He will also invest a little more in his crops and achieve some goals.

This is Cosme's first loan from FUDECOSUR. He has never received any loans from state banks but FUDECOSUR have offered him this loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

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Loan details