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Nuria
Nuria is 39 years old and lives with her partner and their 3 children, who are 22, 14, and 10 years old. She wants a loan to buy supplies for her grocery store. She wants to offer a larger and more varied range of products in her store. She started this business some years ago and she has many good customers, and this is what makes her want to offer a better range of products in the store, as well as contributing more income to the household. This is the first time that she has had a loan from FUDECOSUR and she is very grateful for the facilities that they offer. She hopes that in the future she can offer her family a better quality of life and good economic stability. She also wants to keep growing as a person and as a business woman.
View original language description ↓
Nuria R. N., tiene la edad de 39 años, está en unión libre, y vive con la pareja y sus 3 hijos de 22,14 y 10 años. El crédito lo quiere para la compra de inventario para su negocio de abarrotes. Desea tener un inventario más amplio y variado de productos para ofrecer en su negocio. 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 brindaron. Ella 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.

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
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $4,106,550
    Funds lent in using Kiva
  • 503.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nuria grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 27, 2010
Listed
Sep 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011