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Jose
Jose M. V. is 34 years old, single, and does not have children. He lives in Platanares with his parents, thereby making three members of his family. The loan he requested will be used to purchase calves for fattening. Jose works with his family in every aspect of raising cattle. This is his first time to receive financing from FUDECOSUR. The loan will help increase his earnings in the future. He has been raising cattle for the past five years. Jose has not had any other loans with formal banks. His goal is to use this loan to help him increase his income and provide for his family’s welfare each day.


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 ↓
Jose M. V. tiene 34 años, es soltero, y no tiene hijos. El vive en Platanares con su padres, son tres miembros. El crédito lo quiere para la compra de terneros para engorde. El trabaja con su familia mas que todo en ganadería. Es la primer vez don Jose se financia con FUDECOSUR. Este prestamo le ayudaría a aumentar ganancias en un futuro. El ha dedicado hace 5 años cuidar ganado. El no ha tenido otros creditos con Bancos formales. Le meta de el es que el prestamo le ayude a aumentar los ingresos economicos y así buscar cada día el bienestar de su familía.

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

  • $11,100
    Average annual income
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $3,980,625
    Funds lent in using Kiva
  • 562.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jose purchase calves for fattening.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 2, 2009
Listed
Dec 19, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013