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Robert
Robert M. S. is 28 years old and married. He has a countryside property in Fila Naranja, where he cultivates coffee. He wants this loan to invest in the attendance of 3 hectares of coffee. It will help him to have a larger harvest next year. He has been growing coffee and grains (rice, beans) for more than 10 years. This is the second time Robert has financed with FUDECOSUR. Before he had a loan of 300000 colones that he paid off well. This loan has helped him because the prerequisites are easy to meet and the credit is very accessible. He has also taken out loans with formal banks. His wish is to get what is necessary for his property and home.

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 ↓
Robert M. S. es casado y tiene 28 años. El tiene una finca en Fila Naranja donde cultiva cafe. El crédito lo quiere para invertir en la asistencia de tres hectareas de cafe. Le ayudará por que va a obtener una mejor cosecha para el proximo año. Él se dedico principalmente al cultivo de cafe desde 10 años o mas y en oraciones produce granos basicos (arroz, frijol). Es la segunda vez don Robert se financia con FUDECOSUR, obteniendo un monto de 300000 colones que lo cancelo bien. Este prestamo ha ayudado porque los requisitos son faciles de cumplir y el credito muy accesible. El tambien ha tenido credito con bancos formales. El desea que conseguir las cosas que necesita para su finca y hogar.

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
  • 12
    View loans »
    Costa Rica Loans Fundraising
  • $4,059,650
    Funds lent in using Kiva
  • 559.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Robert invest in working 3 hectares of coffee.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 14, 2009
Listed
Dec 21, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013