A loan of $300 helped to buy supplies like fertilizers and fumigants.


Roy's story

Roy is 23 years old. He is single and currently lives with his parents.

With the loan he hopes to buy supplies like fertilizers, and fumigants, and in turn help the labour force. He intends to maintain the fields no they don't suffer any damage and so they don't lose production, and so with his coffee-growing project be able to generate more profits to contribute to his family.

He doesn't have the necessary capital to buy what he needs because he has a low income and doesn't have a way of getting the money he needs for this. So he is applying for a loan, and it's the first loan he has received from FUDECOSUR. He had not had other loans from state banks before, but FUDECOSUR has offered him a more convenient loan with much lower interest rates....

Translated from Spanish by Kiva volunteer Amy Gulvin



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