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Henry
Henry C. U. is 29, single, and does not have children. He lives with his parents.

He wants the loan for his bean crops. The idea is to prepare the land for planting the beans and to give the crop adequate maintenance. This is so that they will be ready to harvest. Then he will be able to sell them and get better earnings.

This is his first loan with FUDECOSUR. He is very happy with the terms of the loan he got. Henry has several years of agricultural experience, especially with basic grains.

In the future he hopes to give his family a better quality of life and greater economic stability. He also hopes to be able to continue growing as a person and, above all, as a producer.
View original language description ↓
Henry C. U., tiene la edad de 29 años, está soltero y no tiene hijos, vive con sus padres. El crédito lo quiere para la siembra de frijoles. La idea es preparar el terreno para la siembra de frijoles y darle el adecuado mantenimiento a la siembra de frijol, para cuando estén listos para cosechar los puedan vender y obtener mayores ganancias. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Henry tiene varios años de experiencia en la agricultura, sobre todo en la siembra de granos básicos, el está seguro de que le va a ir muy bien en el nuevo proyecto. 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

  • $12,900
    Average annual income
  • 20
    View loans »
    Costa Rica Loans Fundraising
  • $4,363,200
    Funds lent in using Kiva
  • 544.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Henry to plant basic grains (beans).
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 6, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012