Check out some available loans that are similar to this one!
Yorleny
Yorleni is 33 years old. She is married, has two children and currently lives with her family. She is requesting a loan to purchase medicine for livestock as her family relies on this economic activity. She does not have enough money to continue to help these animals as the medicine is costly; without the medicine, the animals might suffer serious consequences such as illness. Thus, the loan is not helping her alone, it will also help her animals as they will get better care; as a result, they will be in better shape, of higher quality and viable when time comes to commercialize them. This is why she is asking for a loan and it is the first loan she has been offered by FUDECOSUR. She has no other loans with national banks, but FUDECOSUR has offered her this loan with better terms and at a very reduced interest rate.
View original language description ↓
Yorleni, quien tiene 33 años de edad, esta casada, tiene dos hijos, y vive con su familia actualmente, solicito un crédito, con el cual pretende comprar productos medicinales para ganado, puesto que su familia depende de esta actividad económica, y ella no cuenta con el dinero necesario para continuar dándole asistencia a estos animales, ya que estos productos tienen un elevado costo y sin ellos, los animales podrían sufrir serias consecuencias como, enfermedades, por lo tanto el préstamo no solo la favorece a ella, sino también a sus animales ya que ellos reciben un mejor mantenimiento y así se encontraran en mejores condiciones y serán de mejor calidad y factibles a la hora de comercializarlos . Por lo que ella hace una solicitud de crédito, y es el primer préstamo que ha recibido de FUDECOSUR. Ella no registra 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
  • 57
    View loans »
    Costa Rica Loans Fundraising
  • $4,320,650
    Funds lent in using Kiva
  • 499.7
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,025 helped Yorleny to purchase livestock and medicine for her livestock.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 1, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible