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Melvin
Melvin C. C. is 42, has a live-in girlfriend, and has 3 children, who are his top priority. They are 16, 12, and 7. He will use this loan to buy some calves to fatten and feed for them. He hopes to give them adequate care so he can obtain the largest profit profitable when he sells them. He also wants to increase the number of animals he has and to be able to give them the best conditions. He has a suitable area to care for them and to raise them. This is the first time that he has had a credit with FUDECOSUR, and he is very happy with the terms they have offered him. Don Melvin has raised animals for several years. In the future, he hopes to offer his family a better quality of life and more economic stability and to keep growing as a person and producer.

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 ↓
Melvin C. C., tiene la edad de 42 años, está en unión libre, y tiene 3 hijos que son su mayor prioridad. Ellos tienen 16,12 y 7 años. El crédito lo quiere para la compra de algunos terneros para el engorde y su alimentación. Desea darle el adecuado mantenimiento al ganado para obtener el mayor ingreso posible cuando se vendan. También desea aumentar el número de animales y poder mantenerlos en mejores condiciones, cuenta con un área idónea para el mantenimiento y cría del ganado. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Melvin tiene varios años dedicada al ganado. El espera en un futuro brindarle a su familia una mejor calidad de vida y una mayor estabilidad económica, y de poder seguir creciendo como persona y como productor.

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
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,022,575
    Funds lent in using Kiva
  • 547.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Melvin to purchase cattle.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 18, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013