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Francisco
Francisco B. V. is 45, single and has three children that are his number one priority. The childrens' ages are 18, 20 and 21. The loan is to purchase calves to raise them, as he is sure that he can take good care of them and obtain a profit when they are sold. In addition to the cattle business, he also works in agriculture, as well as raising pigs and chickens. This is the first time that he requests a loan from FUDECOSUR, he mentions that the credit committee has helped him a lot, because thanks to their help he has been able to get ahead with the different projects that he has planned, he is happy with the services that they provided. He hopes that in the future he can be able to provide his children with a better quality of life and economic stability.

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 ↓
Francisco B. V., tiene la edad de 45 años, es soltero, y tiene 3 hijos, que son su mayor prioridad. Los hijos tienen 18,20 y 21 años respectivamente. El crédito lo quiere para la compra de novillas de engorde, ya que el está seguro de que puede darle un buen mantenimiento y así cuando las venda obtener una ganancia.Aparte del negocio del ganado, él se dedica a la agricultura, también a los cerdos y pollos de engorde. Es la primera vez que se financea con FUDECOSUR, el manifiesta que el comité de crédito le ha ayudado mucho, ya que por la ayuda ha logrado sacar adelante los diferentes proyectos que se ha planteado, además que está muy contento con las facilidades que se le brindaron.
El espera en un futuro brindarle a sus hijos una mejor calidad de vida y 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
  • 21
    View loans »
    Costa Rica Loans Fundraising
  • $4,359,575
    Funds lent in using Kiva
  • 560.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Francisco buy Calves.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 21, 2009
Listed
Jan 20, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2012