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Rodolfo
Rodolfo is 35, single, and lives with his parents and siblings. With this credit he plans to buy animal feed and good quality vitamins to raise well-developed pigs to produce high quality pork. By buying these items he hopes to increase production, resulting in enough income to support his family. This is his first loan from FUDECOSUR. He has not taken out prior loans with state banks, but FUDECOSUR has offered him good terms and very low interest rates.
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Rodolfo, tiene la edad de 35 años, está soltero, vive con sus padres y hermanos que son su mayor prioridad. Él con su crédito pretende hacer la compra de alimento y vitaminas de buena calidad y adecuados, además de tener cerdos de razas de buen desarrollo y con carne de buena calidad. Al poder comprar todos los materiales a utilizar espera tener una producción con un buen desarrollo y posteriormente un ingreso adecuado para así darle el sustento a su familia y pagar lo que le corresponde. 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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $3,979,500
    Funds lent in using Kiva
  • 506.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Rodolfo to buy animal feed and vitamins.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014