Adding to basket
Jose lives with his wife and two minor children. They all depend on Jose financially. Jose works growing corn. His father taught him the trade and has been a farmer for 50 years. Jose works with one of his children from Monday to Saturday with a schedule of 6:00 a.m. to 11:00 p.m. His advantage is that he has vast experience in the business.
Jose is requesting a loan because he needs working capital to finance his business. He will use the borrowed funds to purchase fortified corn seed, pesticides, leaf sprays, fertilizers, and other supplies to do the seasonal planting. He hopes that the corn yield is abundant and of good quality. This way he will earn more profits through the sales. The risk of the investment is that if Jose has health problems and has to quit working.
His aspirations are to expand his business and to have economic stability to improve the style and quality of his family life.
Translated from Spanish. View original language description.
