Check out some available loans that are similar to this one!
Teofilo
Teofilo A. C. is 77 years old, in a common law marriage, and has one son who is his biggest priority. His son is 36 years old. The loan he is requesting is to help him plant coffee, bananas, and grass. Also, he would like to buy fertilizer to better maintain his crops and produce a bigger harvest in order to improve his income. Teofilo also grows fruit trees and grass. This is his first loan from FUDECOSUR and he is very pleased with what they have provided him. He hopes to provide a better life and better standard of living for his son and his family.

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 ↓
Teofilo A. C., tiene la edad de 77 años, está en unión libre, y tiene un hijo que es su mayor prioridad. El hijo tiene 36 años. El crédito lo quiere para asistir una plantación de café, de plátano y pasto. Además, desea comprar el fertilizante para darle el adecuado mantenimiento a los cultivos, esto le va a permitir tener una mayor producción y así tener mayores ingresos económicos. Don Teofilo también se dedica al cultivo de árboles frutales y pasto.Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le dieron.El espera en un futuro brindarle a su hijo y a toda su familia una mejor calidad 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

  • $12,900
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 557.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Teofilo farm maintenance.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 22, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013