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Walter
Walter B. C. is 39 years old, married, and lives with his wife and three children (ages 18, 11, and 1) who are his highest priority. The loan he is requesting will be used for his farm, specifically for growing coffee. He plans to buy compost and fertilizer. Walter wants to provide adequate maintenance to his coffee crop so that he can achieve a higher quality and the best possible price when it is time to harvest.


This is his first loan with FUDECOSUR and he is very happy with the services that have been provided. Don Walter has worked as a farmer for many years. He hopes to provide his family a better quality of life and greater financial stability. In addition, he hopes to continue growing as a person and a producer.

View original language description ↓
Walter B. C., tiene la edad de 39 años, está casado, y vive con su esposa y sus 3 hijos, de 18,11 y 1 año. Ellos son su mayor prioridad. El crédito lo quiere para asistir su finca, específicamente para el cultivo de café, la idea es comprar el abono y el fertilizante. Desea darle el adecuado mantenimiento al cultivo de café 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 Walter 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
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,164,125
    Funds lent in using Kiva
  • 514.1
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Walter purchase compost & fertilizers for his coffee crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 13, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011