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Marvin
Marvin Zuniga L. is 34, married, and has 3 children-they are his main priority. His children are 9, 8 and one year respectively. The loan he is asking for is to buy cattle for his ranch. He wishes to increase the number of animals to improve the quality in the breeding. He has 2.5 hectares of pasture for the development of the cattle. This is not the first time that Marvin has financed with FUDECOSUR. He tells us that the credit committee has helped him greatly with his expansion project, and he is very happy with the terms that he has been given.
He hopes that in the future he can offer his family a better quality of life and greater 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 ↓
Marvin Z. L., tiene la edad de 34 años, es casado, y tiene 3 hijos, que son su mayor prioridad. Los hijos tienen 9,8, y un año respectivamente. El crédito lo quiere para la compra ganado para su finca.El desea aumentar el numero de animales para mejorar la calidad de las razas. Tiene una área de 2.5 hectáras de potrero para el desarrollo del ganado. No es la primera vez que don Marvin se financia con FUDECOSUR, el manifiesta que el comité de crédito le ha ayudado mucho a que su proyecto crezca, además que está muy contento con las facilidades que se le brindaron.
El espera en un futuro brindarle a su familia 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
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,018,325
    Funds lent in using Kiva
  • 548.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Marvin to buy cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 21, 2010
Listed
Jan 27, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011