Funded

Total loan: $1,000
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Dagoberto


A loan of $1,000 helped to buy supplies to care for his corn and bean crops.


Dagoberto's story

Dagoberto, age 48, is married, and he lives with his wife and two children. They are his greatest priority. He plans to use the loan to buy supplies like fertilizers and pesticides in order to keep his crops in good condition.

He has been growing basic grains for several years. He currently needs to care for his crops, which are two hectares of corn and two of beans. As a goal, he is planning on generating the maximum harvest from his land. This way he will have more income when he sells it. This will help with stability and improved well-being.

This is the first loan he has received from FUDECOSUR. He has not previously had other loans with state banks. FUDECOSUR gave the loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: May 20, 2013

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: May 20, 2013