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Ulises
Ulises A. S. is 69 years old, married, and has one child. His family is his highest priority. The loan he is requesting will be used to buy cattle. Ulises wants to start raising cattle because he believes the livestock business will help his family grow as farmers. He also produces his own crops.


This is not the first time Don Ulises has received financing from FUDECOSUR. He says the loan committee has provided him much assistance and offered many services. Ulises hopes that his livestock project will grow and help him to develop as a person. This will enable him to provide a better future, an improved quality of life, and more financial stability for his family.


About FUDECOSUR:
The Foundation for the Development of Southern Communities is dedicated to economically empowering its clients by providing credit and capacitating programs to improve living conditions of micro-entrepreneurs and their children across Southern Costa Rica. You can obtain more information on FUDECOSUR from the website: FUDECOSUR.org

View original language description ↓
Ulises A. S., tiene la edad de 69 años, es casado, y tiene 1 hijo, que junto con su esposa son su mayor prioridad. El crédito lo quiere para la compra de ganado.El negocio del ganado le ayudará a su familia a crecer como ganadero, ya que quiere el ganado para la cría.Tambien el se dedica a la agricultura. No es la primera vez don Ulises se financea con FUDECOSUR, el manifiesta que el comité de crédito le ha ayudado mucho y le brindaron muchas facilidades.
El espera que con este proyecto crezca y pueda superarse como persona y así poder en un futuro brindarle a su familia una mejor calidad de vida y tener una mejor estabilidad económica.

About FUDECOSUR:
The Foundation for the Development of Southern Communities is dedicated to economically empowering its clients by providing credit and capacitating programs to improve living conditions of micro-entrepreneurs and their children across Southern Costa Rica. You can obtain more information on FUDECOSUR from the website: FUDECOSUR.org

Additional Information

More information about this loan

FUDECOSUR works in one of the poorest regions of Costa Rica, where microfinance institutions (MFIs) are scarce or have a hard time keeping up with demand for small loans. By providing mostly agricultural loans, FUDECOSUR reaches rural borrowers that many MFIs consider to be too risky. However, this has also made it more difficult for the organization to find stable sources of capital to lend. Kiva's flexible, risk-tolerant capital plays a critical role in helping FUDECOSUR grow its portfolio and support even more borrowers.

About FUDECOSUR:

The Foundation for the Development of Southern Communities (FUDECOSUR) is dedicated to economically empowering its clients by providing credit and training programs that help improve living conditions for micro-entrepreneurs and their children across Southern Costa Rica. You can learn more about this Field Partner at fudecosur.org.

About Costa Rica

  • $12,900
    Average annual income
  • 36
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    Funds lent in using Kiva
  • 553.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Ulises purchase cattle.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012