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Reiman
Reiman A. C. is 25 years old, married, and has a 3-year old son who is his first priority. He wants this loan so he can plant beans. The idea is to prepare the soil for planting, and buying the necessary supplies to properly maintain his crop. Then, when they are ready for harvest, he would be able to sell the product and generate a greater profit.

This is his first loan through FUDECOSUR and he is very glad for the opportunities they provide for him. Reiman has several years of experience in farming, particularly in the planting of pulses. He is sure that his new endeavor will go well. He hopes for a bright future, to be able to provide his family with a higher standard of living and financial stability, and to be able to continue growing both as a person and a farmer.
View original language description ↓
Reiman A. C., tiene la edad de 25 años, está casado, tiene un hijo de 3 años, que es su mayor prioridad. El crédito lo quiere para la siembra de frijoles. La idea es preparar el terreno para la siembra de frijoles, comprar los insumos necesarios 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 Reiman 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

  • $11,100
    Average annual income
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,023,725
    Funds lent in using Kiva
  • 510.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Reiman to buy supplies for planting beans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 20, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2011