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Paola
Paola M. C. is 18 years old, single, and has no children. She lives with her mother. The loan she requests would help her to purchase breeding animals, enabling her to raise livestock and earn money for herself by selling the animals once they have grown to a sufficient size. Paola's earnings from raising livestock will help her and her mother to achieve greater success and enjoy a better quality of life.

This is the first time that Paola has worked with FUDECOSUR to finance herself, and her new opportunity to work with livestock demonstrates how the credit committee has been able to help her and facilitate opportunities for her to improve her life. Paola hopes that through this project she will grow and achieve her objectives, and that through her success she will some day be able to offer a better quality of life and greater economic stability to her mother.

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 ↓
Paola M. C., tiene la edad de 18 años, es soltera, y no tiene hijos.Ella vive con su madre. El crédito lo quiere para la compra de ganado de cría, y cuando estén grandes venderlos y obtener una ganancia.El negocio del ganado le ayudará a ella y a su madre a salir adelante y poder tener una mejor calidad de vida. Es la primera vez que Paola se financea con FUDECOSUR, ella manifiesta que el comité de crédito le ha ayudado mucho y le ha brindaron muchas facilidades.
Ella espera que con este proyecto crezca y logre sus objetivos y así pueda en un futuro brindarle a su madre 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

  • $11,100
    Average annual income
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 547.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Paola compra de Ganado.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 13, 2010
Listed
Jan 25, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013