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Etelvida
Etelvida is 44, divorced, and does not have children. She has a place where she sells groceries to the neighbors. The place is centrally located. She wants to buy more merchandise to offer a greater variety of articles to her customers. She has been in this business for several years, and she wants to grow.

This is her first loan with FUDECOSUR. In the past she could not get a loan because there were too many requirements with the other, formal banks. She wants to increase the quantity of articles by half and have a better income. That way she will improve her location and her standard of living.

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 ↓
Etelvida, tiene la edad de 44 años, es divorciada, y no tiene hijos. Ella tiene un local donde cuenta con abarrotes para los vecinos el cual cuenta una ubicación centrica. Ella quiere comprar mas mercadería para brindar una mayor variedad de artículos para los clientes. Tiene varios años que se dedica a su negocio y quiere crecer. Es el primer préstamo que ha recibido de FUDECOSUR y en el pasado, ella no pudo obtener crédito por que hubo demasiado requisitos con otros bancos formales. Ella tiene el deseo a por medio de aumentar la cantidad de artículos y tener un mejor ingreso economico, así mejorar el local y su nivel de vida.
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
  • 29
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 565.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Etelvida buy merchandise to stock her business.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 1, 2009
Listed
Dec 14, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013