A loan of $500 helped to improve his stand's infrastructure and to buy merchandise.

Juan Carlos's story

Juan Carlos is married. He’s 34-years-old living with his wife and son who are his greatest priority. He will use the loan to make some improvements to his locale to set up a soda stand and also to buy merchandise and utensils he needs for the establishment. He’s thinking about opening a soda stand in very good condition in order to gradually increase his clientele. At the same time he wants to take advantage of the fact that he’s located across from a school and students generate very good sales. His goal is to increase profits to give his family belter quality of life in future.

This is the first loan he’s gotten from Fudecosur. He’s had no previous loans with state banks and Fudecosur offered the best terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details