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Fernando
Fernando B. C. is 46 years old, is married, and has 3 children, who are his greatest priority. They are 15, 13, and 18 years old. He needs the loan to buy pigs for fattening. The idea is to give them good care so that they can grow to be animals of the best quality, so that he can earn the best possible income when he sells them. He wants to use the facilities he owns to carry out high-quality swine production. This is the first time he has taken a loan with FUDECOSUR and he is very content with the terms they have provided him. Fernando has been working in this business for several years. He hopes that in the future he will be able to provide his family a better quality of life and greater economic stability. He also wants to continue growing as a person and as a producer.
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Fernando B. C., tiene la edad de 46 años, es casado, y tiene 3 hijos que son su mayor prioridad. Ellos tienen 15,13 y 8 años de edad. El crédito lo quiere para la compra de cerdos para engorde. La idea es darle el adecuado mantenimiento a los cerdos para poder desarrollar animales de mejor calidad, y obtener el mayor ingreso posible cuando se vendan. El desea aprovechar la instalación que posee para poder desarrollar adecuadamente la porcicultura. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Fernando tiene varios años en este negocio de cerdos. 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.

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
  • 12
    View loans »
    Costa Rica Loans Fundraising
  • $4,059,650
    Funds lent in using Kiva
  • 529.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Fernando to buy pigs for fattening.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 8, 2010
Listed
Jul 5, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010