A loan of $1,025 helped to plant chilli plants.

Miguel Angel's story

Miguel Ángel is 53 years old, is married and lives with his wife and children who are his main priority. With his loan he intends to buy fertilizers and pay for labour for preparing the land and carrying out some soil conservation work. This will prevent the erosion which is mainly caused by rainfall and so maintain the fertility a little better. After this he will plant chilli seedlings and by doing all of this he will be sure of doing a good job. He wants to buy the best good quality products so that his plants are healthy and develop well, as well as getting a good yield in the short term.

This is the first loan he has had with FUDECOSUR. He had not had other loans from State banks before, but FUDECOSUR has provided him with the loan on better terms and at a much lower interest rate.

Translated from Spanish by Kiva volunteer Judith McInally

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