Jose Victorino Picado


Status: Paying Back

$1,150.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Jose Victorino Picado
Location: Palmira, Costa Rica
Activity: Cattle

About the Loan

Loan Amount: $1,150.00
Loan Use: Help with his livestock
Repayment Term: 38 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Oct 28, 2009
Date Disbursed: Oct 29, 2009
Date Funded:Oct 28, 2009

About the Country

Country:Costa Rica
Avg Annual Income:$11,100.00
Currency:Costa Rica Colones (CRC)
Exchange Rate:567.6000 CRC = 1 USD



Jose Victorino Picado is 53, married, and has five children. His children are 29, 27, 25, 23, and 13. Only one daughter lives at home; the others work on a nearby farm. Jose has an integrated farm (a farm that has both crops and livestock) where he grows and takes care of carrots, coffee, cabbage, “chayote” (a plant from the gourd family), and livestock.

He now has 28 animals, but if he had not received a loan from Fudecosur, he would have to have sold some in order to prepare the pasture. His entire farm is organic because he thinks that organic products are healthier and the prices are higher.

This is his second loan with Fudecosur. He thinks that he will be able to improve his pasture with this loan. A year ago he also had a loan for the same reason with Banco Costa Rica. However, he prefers loans with Fudecosures because they are quicker and easier.

He wishes to give his wife and children everything they need for their home.

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Jose Victorino Picado 53 años, casado y tiene 5 hijos. Sus hijos tienen 29, 27, 25, 23 y 13 años, respectivamente, pero solamente una hija vive en la casa. Los otros trabajan en una otra finca cercana. Jose tiene una finca integral donde cultiva y mantiene zanahoria, café, repollo, chayote y ganado. Ahora el tiene 28 ganado pero si no hubiera recibido un préstamo de Fudecosur, el tendría que vender algunos a preparar pasto. Todo su finca es orgánico por que el piense que productos orgánicos son mas saludable y los precios son mas altos. Es el segundo préstamo con FUDECOSUR y piense que pueda mejorar su pasto con este préstamo. Hace un año el ha tenido un préstamo de Fudecosur por la misma razón. También el ha tenido un préstamo con Banco Costa Rica pero prefiere los prestamos Fudecosures por que son mas rápido y cómodo. Él desea brindar a su esposa e hijos todos las necisidades de la casa.

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Journal entries for Jose Victorino Picado


Loan has been disbursed
 
Entrepreneur: Jose Victorino Picado
Location: Palmira, Costa Rica

Thank you for your loan. It has been disbursed to Jose Victorino Picado by FUDECOSUR in Costa Rica. We are excited to watch this business grow. Over the 36 months of this loan, FUDECOSUR will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Palmira, Costa Rica
Oct 29, 2009
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Kiva Help Repayment Schedule for Jose Victorino Picado

  Expected Repayments Actual Repayments Comments
December 2010 $383.33 Available Dec 1  
December 2011 $383.34 Available Dec 1  
December 2012 $383.33 Available Dec 1