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Silvia
Silvia, 31, is separated and lives with her two children who are her greatest priority. She intends to use the loan to buy feed to raise pigs. She has a project to raise pigs for subsequent sale locally. She wants to feed the pigs good feed to fatten them up more quickly than usual. She wants to generate profits from the sale of her pigs to have improved family wellbeing and a better standard of living with her children.

This is the first loan she’s gotten from Fudecosur. She has not had any loans previously from state banks but Fudecosur provided a loan with the best terms and a much lower interest rate.
View original language description ↓
Silvia, tiene la edad de 31 años, está separada y vive con sus 2 hijos y que son su mayor prioridad. Ella pretende con el crédito realizar la compra de alimentos para la crianza de cerdos. Ella cuenta con un proyecto de cría de cerdos para su posterior venta a nivel local. Ella quiere tener los animales con buen alimento para engordarlos antes del tiempo establecido. Ella quiere generara ganancias con la ventas de sus cerdos para tener un bienestar familiar mejor y un nivel de vida mejor con sus hijos. 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

  • $12,900
    Average annual income
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 501.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Silvia to buy pig feed.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Possible
Ended:
May 20, 2013