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Lorena
Lorena V. J. is 39 years old, married and lives with her husband and three children, 19,15 and 9 years old. She wants the loan to be able to buy inventory for her business. She wants a more varied and extensive product inventory in her general store. She has been in this business for several years and has good customers, and that is her reason for wanting to be able to offer a more varied product line. This will also increase her household income. This is her first loan with Fudecosur and is very thankful for the opportunities that the organization has given her. She expects in the future to be able to provide a better quality of life and more financial stability to her family and to continue growing as a person and as a business woman.
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 ↓
Lorena V. J., tiene la edad de 39 años, está casada, y vive su esposo y tres hijos de 18,15 y 9 años de edad. El crédito lo quiere para la compra de inventario para su negocio. Desea tener un inventario más amplio y variado de productos para ofrecer en su pulpería. Tiene varios años de haber empezado con este negocio, y cuenta con muy buenos clientes, por eso ve la necesidad de ofrecer mayor variedad de productos en el negocio, además de aportar mayores ingresos para la economía de su hogar. Es la primera vez que realiza un crédito con FUDECOSUR y está muy agradecida con las facilidades que se le han brindado siempre. 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 comerciante.
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
  • 530.9
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Lorena product inventory.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 5, 2010
Listed
Apr 28, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2013