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Olidier
Olidier V. S. is 29 years old. He is single and has one three year old son who is his top priority. He is asking for this loan in order to buy hogs to raise and fatten up. He wants to give them adequate care in order to develop better quality animals, so that he can obtain the greatest amount of income possible when he sells them. He wants to take advantage of the pens he has to raise the hogs.

This will be his first loan through FUDECOSUR and he is pleased with the ease through which he was able to obtain it. Mr. Olidier has been running this hog business for several years and wants to be able to provide his family with a better quality of life, give them economic stability, and continue to grow as a producer.
View original language description ↓
Olidier V. S., tiene la edad de 29 años, está en unión libre, y tiene un hijo de 3 años que es su mayor prioridad. El crédito lo quiere para la compra de cerdos para la cría y 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 las instalaciones que posee para desarrollar la actividad de los cerdos. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Olidier 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
  • 17
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 530.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Olidier hogs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 9, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012