A loan of $400 helped to purchase a calf.


Alexis's story

Alexis is 67 years old and married. He lives with his wife, who's his main priority. With his loan he intends to purchase a calf so that he can raise it and sell it for butchering. The idea is to make good use of the space he has for pasture, which is well developed, and of the good conditions of the soil and the weather. That way he'll be able to have the animal and raise a good calf in order to sell it for butchering later on. With this purchase he'll start another line of work and save some money at the same time, which will allow him to gradually have more animals and invest more in his land. This is the first loan he has received from FUDECOSUR. He hasn't had other loans with state banks before, but FUDECOSUR has provided the loan with easier repayment terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Renata Wolff



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Loan details