A loan of $925 helped to hire laborers to help with his coffee farming.

Gerardo's story

Gerardo is 56 years old, married, and lives with his wife, who is his highest priority. With this loan he intends to purchase fertilizers, fungicides, to hire laborers to help with his coffee farming, and to buy a variety of seedling plants that are suited to the soil and climate conditions of the area. With these investments he aims to increase the density of plants per area, thereby improving production, while taking advantage of good soil fertility, climate conditions, and other favorable conditions for coffee cultivation. With these improvements to the crop, he expects to increase his income, and improve his family’s living conditions. This is the his first loan with FUDECOSUR. He has not previously had the opportunity for loans in state banks, but FUDECOSUR has given opportunities for loans with better facilities and much lower interest rates.

Translated from Spanish by Kiva volunteer Amanda Fried

Loan details

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Loan details