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William
William B. N. is 45 years old, married, and has three children who are his top priority. Their ages are 19, 16, and 12. His loan will be used to buy cattle to raise for both meat and milk production. He wants to maintain the cattle properly in order to obtain the best possible price when the time comes to sell them. Additionally, he wants to repair his corral and finish putting on a roof.


This is his first loan with FUDECOSUR and he is very happy with the services that have been provided. Don William has been raising cattle for several years. He hopes to provide his family with a better quality of life and greater financial stability. In addition, he wants to continue growing as a person and as a 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 ↓
William B. N., tiene la edad de 45 años, está casado, y tiene tres hijos que son su mayor prioridad. Ellos tienen 19,16 y 12 años. El crédito lo quiere para la compra de ganado, la idea es tener ganado para doble propósito (leche y carne). Desea darle el adecuado mantenimiento al ganado para obtener el mayor ingreso posible cuando se vendan.Además, desea reparar el corral y terminar de ponerle el techo. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don William también trabaja desde hace muchos años con el 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

  • $12,900
    Average annual income
  • 23
    View loans »
    Costa Rica Loans Fundraising
  • $4,356,875
    Funds lent in using Kiva
  • 530.9
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped William purchase cattle & make repairs to a corral.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 27, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012