Ednita, 23, is single and lives with her parents and siblings. With her loan, she intends to buy a breeding sow. She will also buy food for the growth of the piglets and food for the sows, so that they can be strong and produce enough milk. With this money, she hopes to have piglets who are well developed once they are weaned. The money she makes will be invested in improving the pig pen and meeting some of her personal goals, such as improving her education and bettering her quality of life. This is the first loan she has received from FUDECOSUR. She had never had a loan from state banks, but FUDECOSUR gave her the loan with less difficulty and with a much lower interest rate.
Ednita, tiene la edad de 23 años, está Soltera, vive con sus padres y hermanos. Con su crédito pretende hacer la compra de una cerda para cría y la compra de alimento para el desarrollo de los lechones y alimentar a las cerdas para que tengan una buena fortaleza y puedan producir la leche adecuada. Con este dinero espera poder sacar cerdos pequeños con un buen desarrollo al destete. Con los posibles que pueda obtener los invertirá en mejoras en el local de los cerdos y cumplir algunas metas personales como mejoramiento de la educación y una mejor calidad de vida. 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.
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.