She has all the facilities for this activity, and she gives the pigs this feed in order to fatten them more quickly. She wants to have her animals at an ideal weight in order to later sell them in the local market or in neighboring towns. She wants to generate the most profits for her well-being and she also wants to grow her pig-raising project.
This is the first loan that she has received from FUDECOSUR. She has not had other loans from state banks; FUDECOSUR has offered her the loan with greater ease and with a much lower interest rate.
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.
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