A loan of $800 helped to grow corn.


Lauren's story

Lauren is 20 years old and married. She lives with her husband and child, who are her main priorities. She plans to use the loan to purchase corn seeds which are of good quality, have a high germination rate, and which grow well in varying climate and soil conditions. She would also purchase fertilizers and other products to use at planting time, and pay for the manual labor needed during planting, application of fertilizers and other products, and once the crop is ready. This will allow her to do the job well. Lauren would like to take advantage of the good climate conditions and soil in this area, and wants to put into practice several years of experience handling basic grains. She would like to be able to buy the best quality products so that she can cultivate her field well and have a good harvest. In the short term, she would like a significant output. Lauren hopes to use the income from the crop to ensure the well-being and education of her family, fulfill some familial obligations, and continue investing in farming. This is the first loan that Lauren is receiving from FUDECOSUR. She has never had other loans from state banks, but FUDECOSUR has given her the loan without any difficulty and with a much lower interest rates.

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Translated from Spanish by Kiva volunteer Deepti Limaye



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