Adonay is 46 years old, married, and lives with her husband and three children. She hopes with the credit to complete the purchase of some pigs and also pig feed in order to fatten the animals. She already has the space where she will keep the pigs. She wants to have her animals at the ideal weight in order to sell them at the local market and in nearby areas. She wants to generate the greatest amount of income possible for her well-being and that of her family as well as to grow in the project of raising pigs. This is the first loan that she will receive from FUDECOSUR. She has never had any previous loans from state banks, but FUDECOSUR has given her a 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 y tres hijos. Ella pretende con el crédito realizar la compra de unos cerdos y además el concentrado para el engorde de los mismos. Ella cuenta ya con el local donde va a tener los cerdos. Ella quiere tener sus animales con el peso ideal para su posterior venta en el mercado de la localidad o lugares aledaños. Ella 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 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.