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Mayela
Mayela A. Fernandez is 33 years old, married, and lives with her husband and their 9-year-old son. She would like this loan in order to make improvements to her farm. She wants to carry out a few projects on her farm, purchase some materials, and expand her cultivation area. The idea is to improve and increase the production capacity of this area. Mayela has a diverse range of crops, such as coffee, and she also has some livestock. She wishes to give them adequate maintenance and achieve a better quality, to obtain the greatest possible income when it is time for the harvest. This is the first time that she has requested a loan through FUDECOSUR and is very content because it has made things easier for her. In the future, she hopes to improve her quality of life and have greater economic stability, and in this way continue growing as a person and a 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 ↓
Mayela A. F., tiene la edad de 33 años, está casada, vive con su esposo y con su hijo de 9 años de edad. El crédito lo quiere para hacer mejoras en su finca, ella desea realizar unos trabajos en la finca, comprar algunos materiales y aumentar su área de cultivos, para lograr que los mismos produzcan más. La idea es mejorar y aumentar la capacidad de producción y aumentar el área del cultivo. Doña Mayela cuenta con área de diversos cultivos en producción tal es el caso del cultivo del café, además cuenta con algunos animales (ganado). Desea darle el adecuado mantenimiento y lograr una mejor calidad y obtener el mayor ingreso posible cuando sea tiempo de su cosecha. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contenta con las facilidades que se le brindaron. Ella espera en un futuro mejorar su calidad de vida y tener una mayor estabilidad económica, y así poder seguir creciendo como persona y como productora.

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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 547.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Mayela to make improvements to her farm.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 10, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2013