A loan of $500 helped to buy inputs for growing coffee.


Gerardo's story

Gerardo, 60, is married and lives with his wife and one daughter. With this loan he plans to buy inputs like compost, fumigants, and also labor to help him. He hopes to maintain his plantations so that they don't suffer any damage and he doesn't lose any of his production, which will let him generate more income from his coffee farm to contribute to his family. He doesn't have enough capital to buy the aforementioned products since he is low income and doesn't have any way to get the money. For that reason he asked for his first loan from FUDECOSUR. He hasn't had loans before from state banks, but FUDECOSUR has given him a loan more easily and with a much lower interest rate.

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Translated from Spanish by Kiva volunteer Mary Berghaus



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Loan details