Florindo V. G. is 74 years old, married, and lives with his wife and a 55 year-old son. He is requesting this loan to buy materials and products to make improvements to his pastures. He would like to perform proper maintenance on the fences and to be able to maintain high-quality pastures, so that his cattle will develop as well as possible and therefore fetch the best price when he sells them. Florindo would also like to increase his number of animals and to be able to keep them in better conditions, including making improvements to a specific area.
This is the first time that Florindo is taking out a loan from FUDECOSUR and he is very happy with the opportunity they are providing him. Florindo has been raising cattle for several years. In the future, he hopes to provide his family with a better quality of life and greater economic stability, and to be able to continue growing as a person and as a producer.
Florindo V. G., tiene la edad de 74 años, está casado y vive con su esposa y un hijo de 55 años. El crédito lo quiere para la compra de materiales y productos para la mejoras en el área de repastos. Desea darle el adecuado mantenimiento a la cercas y en poder mantener calidad en los repastos, para que el ganado que tiene se desarrolle de la mejor manera y así 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 que desea mejorar. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Florindo tiene algunos años dedicado 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
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.
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.