A loan of $800 helped to make some improvements to his house.

Alex Gerardo's story

Alex Gerardo, 25, is married and lives with his wife and son, who are his main priority. With this loan, he plans to purchase wood and material to make some improvements to his house and to pay for labor to do some repairs to the house. In this way, he can eliminate some areas where water is coming into the house during the rainy season that is just starting, enabling him to give his family a better quality of life. With this purchase, he plans to make some good quality improvement to his house, taking advantage of lower prices for some materials and getting better quality materials. This is the first loan that he has taken with FUDECOSUR. He hadn't taken loans before from the state banks, but FUDECOSUR is providing him with a loan with better payment terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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