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Ingrid
Ingrid M. A. is 53 years old. She is divorced with no children and lives alone. The loan she is applying for will be used to purchase cattle and feed. She hopes to maintain her animals better and thus make higher profits when she sells them. She also hopes to increase the number of animals and in order to keep them in better condition she has an ideal space to raise and maintain her cattle. This is the first time that she will receive a loan from FUDECOSUR and is very happy with the terms that they offered. Mrs. Ingrid has raised cattle for many years. She hopes that in the future she will have a better quality of life, more economic stability, and the ability to keep growing as a person and as a businesswoman.
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Ingrid M. A., tiene la edad de 53 años, está divorciada, y no tiene hijos. Vive sola. El crédito lo quiere para la compra de ganado para 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. Doña Ingrid tiene varios años dedicada al ganado. Ella espera en un futuro tener una mejor calidad de vida y una mayor estabilidad económica, y de poder seguir creciendo como persona y como productora.

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
  • 24
    View loans »
    Costa Rica Loans Fundraising
  • $4,356,875
    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 Ingrid purchase of cattle.
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