A loan of $1,000 helped to plant corn.


Mario's story

Mario, 56, is a widower and lives with his mother. He plans to use the loan to buy supplies, such as fertilizer, for his corn crop. He has been working in agriculture for several years and needs to buy these products and make improvements on his cropland.

Mario hopes to increase production to earn more profit for his family's well being. He will pay back the loan with the income from his corn crop and, what is most important, his economy will improve.

This is his second loan through FUDECOSUR. Mario has never received any state bank loans and FUDECOSUR is giving him better payment terms and a much lower interest rate.

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Translated from Spanish by Kiva volunteer Sherry Bess



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