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Jimmy
Jimmy N. M. is 34 years old. He’s divorced and has a 13-year-old son, who is his first priority. He wants to use this loan to purchase cattle. He is planning to fatten these animals. He wants to provide a good care for his cattle to obtain the best income possible when sold. He wants to increase the amount of animals he owns in his farm where he has pastures, where the animals can develop properly. This is the first time he requests for a loan from FUDECOSUR and he is very happy about the opportunities he has been given. Jimmy has worked in the cattle business for many years. He hopes he'll be able to provide a better quality for life for his son in the future and a better economic stability. He wants to continue growing as a person and as a farmer.
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Jimmy N. M., tiene la edad de 34 años, está divorciado, y tiene un hijo que es su mayor prioridad. El hijo tiene 13 años. El crédito lo quiere para la compra de ganado, la idea es tener ganado para engorde. Desea darle el adecuado mantenimiento al ganado para obtener el mayor ingreso posible cuando se vendan. El desea aumentar el número de animales que posee en su finca, la cual cuenta con potreros donde se desarrollarán los animales de forma adecuada. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron.Don Jimmy trabaja desde hace varios años con el ganado. El espera en un futuro brindarle a su hijo una mejor calidad de vida y una mayor estabilidad económica, y de poder seguir creciendo como persona y como productor.

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
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $3,984,850
    Funds lent in using Kiva
  • 505.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jimmy purchase calves for development and fattening.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 6, 2010
Listed
May 11, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2011