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Yamileth
Yamileth is 32 years old and married. She lives with her husband and two children.

Yamileth plans to use this loan to buy calves to raise. She has a plot of land which is suitable for raising livestock and she plans to fatten the calves and then sell them in her local market. She would like to make good profits from these animals so that she can help her husband with their expenses and keep improving their quality of life.

This is Yamileth's first loan from FUDECOSUR. She hasn't received previous loans from state banks but FUDECOSUR offered her this loan with better repayment terms and a much lower interest rate.
View original language description ↓
Yamileth, tiene la edad de 32 años, está casada y vive con sus 2 hijos y su esposo. Ella pretende con el crédito comprar terneros de cría. Ella cuenta con el terreno apto para la explotación de ganado y lo que pretende es engordarlos para luego comerciarlos en el mercado local de la zona. Ella quiere las mejores ganancias con estos animales para así poder ayudar a su esposo con los gastos y tener una mejor calidad de vida cada día más. Es el primer préstamo que recibido de FUDECOSUR. Ella 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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,170,625
    Funds lent in using Kiva
  • 501.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Yamileth to buy calves to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012