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Audilio
Audilio R. C. is 53 years old. He is married with six children. He applied for the loan to invest in maintaining his coffee farm and a tree used for transplanting new trees. He hopes to increase production for the next harvest. Don Audilio has worked as a coffee producer for many years; he has two and a half hectacres planted with coffee. He hopes to have a good harvest next year which is why he needs to keep his farm well maintained.

It is not the first time that Don Audilio has received a loan from FUDECOSUR and he is very happy with the terms of the loans, which are accessible for him. He feels that this form of credit has allowed him to save. His goals and aspirations for the future is to be able to help with his children's education and to be more stable economically.

About FUDECOSUR:
The Foundation for the Development of Southern Communities is dedicated to economically empowering its clients by providing credit and capacitating programs to improve living conditions of micro-entrepreneurs and their children across Southern Costa Rica. You can obtain more information on FUDECOSUR from the website: FUDECOSUR.org
View original language description ↓
Audilio R. C., tiene la edad de 53 años, es casado, tiene 6 hijos.El quiere el préstamo para invertirlo en el mantenimiento del café y de un almácigo que tiene, para así poder tener una mayor producción en la próxima cosecha.Don Audilio se dedica a la producción del café desde hace muchos años, tiene el café sembrado en dos hectáreas y medias.El desea poder tener el próximo año una buena cosecha por lo que desea darle el mantenimento necesario para conseguirla.
No es la primera vez que don Audilio se financia con FUDECOSUR, y manifiesta estar muy contenta pues las condiciones del préstamos son muy buenas y accesibles para el, además, el siente que esta modalidad de crédito le genera un ahorro.
Las metas y aspiraciones que el tiene para el futuro es el de progresar para poder ayudar con el estudio de sus hijos y tener una mayor estabilidad económica.

About FUDECOSUR:
The Foundation for the Development of Southern Communities is dedicated to economically empowering its clients by providing credit and capacitating programs to improve living conditions of micro-entrepreneurs and their children across Southern Costa Rica. You can obtain more information on FUDECOSUR from the website: FUDECOSUR.org

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
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 558.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Audilio maintaining coffee farm.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 20, 2009
Listed
Nov 25, 2009
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010