Funded

Total loan: $950
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Alexander


A loan of $950 helped to buy fertilizer, fungicide, and to pay for labor for his coffee crop.


Alexander's story

Alexander is 28 years old, married, and lives with his children and wife who are his first priority. With his loan he plans to buy fertilizer and fungicide, and to pay for labor to tend to his coffee crops. He also wants to buy some seedlings to plant among his existing plants in order to increase the density of the plants and later on improve the yield of the crop, taking advantage of the fertility of the land, the climate and other conditions that favor the development of coffee growing.

With these improvements to his crop he hopes to have some profits and thus improve his family's living conditions. He will also invest a little more in his crops and accomplish some other goals. This is the first loan that he is getting from FUDECOSUR. He did not have any loans previously with state banks, but FUDECOSUR made the process much easier and offered much lower interest rates.

Translated from Spanish by Kiva volunteer marcia margolis



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: June 26, 2014

Lenders and lending teams




Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: June 26, 2014