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Victor
Victor A. Rodríguez A. is 43 years old, married, and has 2 children (ages 16 and 5) who are his top priority. He wants to buy fertilizers that will be used in planting and maintaining his coffee crop. Victor has been farming for many years and has the desire to expand.


This is his first loan with FUDECOSUR. He has 3 hectares of farmland that are designated for growing coffee. Victor has not had any problems with his farm, but he wants it to grow so that it will continue to be fruitful and productive and can be passed along to his children in the future. He wants his children to continue studying and become professionals, so he is working hard to provide them everything they need to have a good education and be prepared for life.

View original language description ↓
Victor A. Rodríguez A., tiene 43 años la edad, casado y tiene 2 hijos uno de 16 años y otro de 5 años que son su mayor prioridad. El quiere comprar fertilizante para la siembra y mantenimiento del café. Hace muchos años que el se dedica a la agricultura pero tiene deseos de crecer. Es el primer préstamo que realiza con FUDECOSUR.Su finca es de 3 hectáreas en la cual tiene sembrado café. El no tenía problemas con su finca, pero el quiere crecer y tener una finca provechosa y productiva, la cual desea heredar a sus hijos en un futuro. Él desea que sus hijos estudien y sean profesionales, para ello está trabajando duro para poder brindarles todo lo necesario para que tengan una buena educación y se preparen para la vida.

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
  • 14
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 567.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Victor purchase fertilizers for his coffee crop.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 19, 2009
Listed
Oct 23, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2011