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Luis Angel
Luis Angel A. M. is 55 years old, is married and lives with his wife. He has 2 children, 33 and 27 years old. He wants this loan to prepare his land to sow tubers, particularly ñampí. The idea is, apart from preparing the land, to also buy lime and other products to complete the sowing. Luis wants to give adequate maintenance to his 5 hectares of crops and achieve a better quality of crop to obtain the best earnings possible when it is time to harvest. This is the first time he has sought a loan with FUDECOSUR and he is very content with the facilities that they have granted. Don Luis Angel has worked in agriculture for many years. His hope for the future is to give his family a better quality of life and better economic stability, and to be able to continue growing as a person and 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: www.FUDECOSUR.org
View original language description ↓
Luis Angel A. M., tiene la edad de 55 años, está casado, y vive con su esposa. Tiene dos hijos uno de 33 y otro de 27 años.El crédito lo quiere para preparar el terreno para sembrar los tubérculos, específicamente ñampí, la idea es además de preparar el terreno, es comprar cal y otros insumos para poder realizar la siembra. El desea darle el adecuado mantenimiento a las 5 hecctéras del cultivo y lograr una mejor calidad, para obtener el mayor ingreso posible cuando sea tiempo de cosecha. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Luis Angel 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
  • 14
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 553.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Luis Angel sowing tubers.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 3, 2010
Listed
Feb 22, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013