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Israel
Israel A. R., 58, is married and has a 20-year-old daughter, who is his greatest priority in life. He wants financing to buy natural fertilizer to enrich his coffee plantation. He wants to properly care for his plants so that his crop yields will be optimum thereby producing better earnings. This isn't his first loan with FUDECOSUR and he is very happy with the loan terms agreed upon. He has been a farmer for many years. He hopes in the future to offer his family a better quality of life and economic stability and to be able to continue to grow both as a person and as a grower.

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 ↓
Israel A. R., tiene la edad de 58 años, está casado, y tiene una hija que es su mayor prioridad. Ella tiene 20 años. El crédito lo quiere para la compra de abono y dar asistencia a una plantación de café que posee. El desea darle el adecuado mantenimiento al cultivo para que este le permita tener una mayor producción y así tener mayores ingresos económicos. No es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le han brindado siempre. Don Israel trabaja desde hace muchos años en la agricultura. El espera en un futuro brindarle a su familia una mejor calidad de vida y una mayor estabilidad económica, y de poder seguir creciendo como persona y como productor.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 553.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Israel to buy natural fertilizers.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012