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Rafael Angel
Rafael Angel G. A., 44, is married and lives with his wife and two children who are 19 and 13 years of age and his main priority in life. He will use the requested funds to buy farming supplies for his tomato crops. The idea is to plant more tomatoes and to provide crop maintenance to the existing plants in order to have a better quality harvest that will produce the best possible sales price.

This is his first loan with FUDECOSUR and he is very happy with the terms offered. Rafael has been a farmer for many years. He hopes to provide his family in the future with a better quality of life and increased economic stability as well as to continue to develop both as a person and as a producer.
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Rafael Angel G. A., tiene la edad de 44 años, está casado, y vive con su esposa y sus hijos de 19 y 13 años de edad, y son su mayor prioridad. El crédito lo quiere para la compra de insumos para el mantenimiento del cultivo de tomate,la idea es sembrar más tomate y dar mantenimiento al cultivo existente.Desea darle el adecuado mantenimiento al cultivo de tomate para lograr una mejor calidad y 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 Rafael también 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.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 505.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rafael Angel for tomato crops.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 16, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013