A loan of $1,000 helped to purchase cattle and meat.

Freddy's story

Freddy is 18-years-old, he is single, lives with his parents and brothers who are his main priority. With the loan he will buy a pregnant cow that also has a weaning calf. The idea is to take advantage of the following situation: space available with high quality grass, gradual development of the cow, the disposable water, the good condition of the land, the ideal climate to have animals, the ability to have milk, and growing the calves to sell them for meat in the future. With this purchase, he will be able to develop one more activity and simultaneously have a savings that will allow him to purchase more animals and invest in his property.

This is his first loan that he is receiving through Fudecosur. He has not had previous loans in banks, but Fudecosur has provided the loan with greater ease and much lower interest rates.

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Translated from Spanish by Kiva volunteer Alana Abbitt-McGregor

Loan details

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Loan details