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Jesus
Jesus S. U., 41, is married and has three children, who are his main priority in life. His children are 16, 12, and 2-years-old, respectively. He wants to buy fertilizer and other supplies to improve his farm's production. His farm is 3.5 hectares of which two are planted with coffee and the rest with corn and beans. He has farmed for several years and wants to see his farm grow. This is his first loan received from FUDECOSUR. He has negotiated loans in the past with state banks but hasn't done so in several years. He had no problems with his property but does wish to see his farm be productive. He also hopes for increased earnings in order to improve his family's economic condition and to be able to send his children to school.

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 ↓
Jesus S. U., tiene la edad de 41 años, es casado y tiene 3 hijos que son su mayor prioridad. Los hijos tiene 16, 12 y 2 años respectivamente. El quiere comprar fertilizantes y otros materiales para la producion para mejorar su finca. Además, su finca es de 3.5 hectárea. Dos hectarías son de cafe y el otro es de maís y frijoles. Tiene varios años que se dedica a su finca y quiere crecer. Es el primer préstamo que ha recibido de FUDECOSUR. También, el ha realizados otros préstamos en bancos estatales pero hace varios años que no lo hace. El no tenía problemas en su propiedad, pero si tiene el deseo de sea una finca productiva. El también tiene el deseo de tener mas ingresos economicos para mejorar las condiciones de vida de su familia y poder mandar sus hijos a estudiar.

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
  • 16
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 558.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Jesus to buy fertilizers and other supplies for his crops.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 23, 2009
Listed
Nov 25, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011