He wants the loan to buy some calves and for their feed. He wants to take care of the livestock adequately in order to get the greatest income possible when he sells them. He also wants to increase the number of animals he has. He wants to be able to keep them under better conditions. He has an ideal place to raise the cattle.
This is his first loan with FUDECOSUR, and he is very happy with the terms of the loan he got. Leandro has been working with livestock for several years.
In the future he hopes to provide his family with a better quality of life and greater economic stability. He also hopes to be able to continue growing as a person and, above all, as a producer.
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.
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