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Christian Alban
Christian is 20, married, and lives with his wife and daughter. He is applying for a loan to buy feed concentrate to fatten his pigs. He owns a number of pigs, and feeding them concentrate will fatten them faster. He wants his animals to reach an ideal weight to sell them at local and nearby markets.

He hopes to earn more income and grow his livestock business. This is his first loan cycle with FUDECOSUR. Though he has no previous loan history with other banks, FUDECOSUR has offered him the best loan rate available.
View original language description ↓
Christian, tiene la edad 20 de años, está casado y vive con la esposa y una hija. El pretende con el crédito realizar la compra de concentrado para el engorde de cerdos. El cuenta con varios cerdos a su poder y lo que pretende es darle alimentación con concentrado para su engorde más rápido. El quiere tener sus animales con el peso ideal para su posterior venta en el mercado de la localidad o lugares aledaños. El quiere generar la mayor cantidad de ganancias para su bienestar y crecer con el proyecto de cría de cerdos. 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
  • 12
    View loans »
    Costa Rica Loans Fundraising
  • $4,059,650
    Funds lent in using Kiva
  • 499.4
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $625 helped Christian Alban to buy feed concentrate.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 19, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible