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Manuel
Manuel Agüero Rodríguez is 27 years old and has a common-law marriage. He lives with his wife and four children who are his main priorities. He plans to use his money to buy feed for fattening his animals. He would like to grow in his business, make profits for the good of his family, and grow as an important pig producer who raises animals for meat. His goal is to continue moving forward in his business and strengthen and grow it every day.

This is Manuel's first loan from FUDECOSUR. He hasn't received any previous loans from state banks but FUDECOSUR have offered him this loan with better repayment terms and a much lower interest rate.
View original language description ↓
Manuel Agüero Rodríguez, tiene la edad de 27 años, está en Unión libre, vive con sus 4 hijos y su señora que son sus mayores prioridades. El pretende con el dinero realizar la compra de los alimentos para el engorde de sus animales. El quiere crecer en el negocio cada día y generar las ganancias para bienestar familiar y crecer como un gran productor de cerdos para la carne. Su meta es creer con le proyecto y seguir adelante con su negocio y asi cada dia fortalecerlo para su crecimiemto.
Es el primer préstamo que recibido de FUDECOSUR. El no había tenido antes otros préstamos en bancos estatales, pero FUDECOSUR le ha brindado el préstamo con mayores facilidades y la tasa de intereses mucho más baja.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,116,400
    Funds lent in using Kiva
  • 496.1
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Manuel to look after and fatten his pigs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 11, 2011
Listed
May 13, 2011
Currency Exchange Loss:
Possible
Ended:
May 20, 2013