Adonay is 46 years old. She is married and lives with her husband and children. With this loan she hopes to purchase concentrate to fatten up her pigs. She has several pigs and she wants to give them food with concentrate so that they will fatten up faster. She wants her animals to reach an ideal weight in a short time period so that she can then sell them in the local market. She wants to generate a greater amount of income for her well-being and for that of her family and to expand her business raising pigs.
This is her first loan that she has received from FUDECOSUR. Previously she had not received other loans from state-run banks, but FUDECOSUR granted her this loan with more ease and with a much lower interest rate.
Adonay, tiene la edad 46 de años, está casada y vive con su esposo e hijos. Ella pretende con el crédito realizar la compra de concentrado para el engorde de cerdos. Ella cuenta con varios cerdos a su poder y lo que pretende es darle alimentación con concentrado para obtener un engorde más rápido. Ella quiere tener sus animales con el peso ideal en un corto plazo para su posterior venta en el mercado local. Elal quiere generar la mayor cantidad de ganancias para su bienestar y la de su familia y crecer con el proyecto de cría de cerdos. Es el primer préstamo que ha 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.
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.
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.