Check out other loans that are currently fundraising!
Antoni
Antoni, 20, is married and lives with his family. He plans to use this loan to buy some pigs and the supplies he needs to raise them. He has several pigs now and wants to add to his stock. When he fattens the pigs to their ideal weights, he will sell them in the local market or one nearby. The investment will allow him to increase his income and better provide for his family. This is Antoni's first FUDECOSUR loan. He's never borrowed from an established bank before, but FUDECOSUR offers loans on good terms and relatively low interest rates.
View original language description ↓
Antoni, tiene la edad de 20 años, está casado y vive con su familia. El pretende con el crédito realizar la compra de unos cerdos y el alimento del mismo. El cuenta con varios cerdos y lo que pretende es aumentar sus animales . 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 la de su familia y crecer con el proyecto de engorde 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.

Tags

About Costa Rica

  • $12,900
    Average annual income
  • 39
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 504.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $900 helped Antoni to buy pigs.
33% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 7, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
Possible