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Hernán
Hernán U. Q. is 79 years old, married, and lives with his wife and two children. The loan he is requesting will be used to maintain his farm, specifically for growing coffee. His plan is to prune his crops and buy compost and fertilizers to keep them adequately maintained. This will enable him to achieve better quality and higher revenues at harvest time. This is not the first time he has received a loan from FUDECOSUR and he is very happy with the services that have been provided, the simplicity of the loan process, and the low interest rates.


Don Hernán has twenty years of experience as a coffee producer. For the future, he hopes to provide his family with a better quality of life and greater financial stability. He also wants to continue growing as a person and as producer.


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 ↓
Hernán U. Q., tiene la edad de 79 años, está casado, y vive con su esposa y 2 hijos. El crédito lo quiere para asistir su finca, específicamente para el cultivo de café, la idea es realizar al cultivo chapias, comprar el abono y fertilizantes, para darle el adecuado mantenimiento al cultivo de café, y así lograr una mejor calidad y obtener un mayor ingreso cuando sea tiempo de la cosecha. No es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron, la agilidad en los trámites y las tasas de interés son bastante cómodas. Don Hernán tiene unos 20 años de ser productor de café. 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

  • $12,900
    Average annual income
  • 36
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 551.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Hernán purchase compost & fertilizers to maintain his coffee crop.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 2, 2010
Listed
Feb 22, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012