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Juan Carlos
Juan Carlos Solís M. is married and has a son, and his first priority is his family. He wants to buy tools to work in construction and to be able to improve the quality of his jobs by giving them a better finish. He has a lot of experience in this work area and wants to continue perfecting his skill level. By purchasing new tools he hopes to be able to to this. He has his family's future foremost in his mind and wants to give them a better lifestlye.

This is the second loan he has received through FUDECOSUR. He has had other loans through state banks such as Mutual but FUDECOSUR has given him better payment terms and a much lower interest rate.
View original language description ↓
Juan Carlos Solís M., está casado y tiene 1 hijo que es su mayor prioridad al igual que su señora esposa. El quiere comprar herramientas para trabajar en construcción y así también dar un mejor acabado a sus obras y mejor calidad de trabajos. El cuenta con mucha experiencia en esa área de trabajo por lo cual quiere es ir perfeccionando su nivel de trabajo y con la compra de esas herramientas perfeccionara su trabajo para un mejor acabado. El piensa en el futuro de su esposa e hijo y quiere brindarle una mejor calidad de vida a ambos.
Es el segundo préstamo que recibido de FUDECOSUR. El había tenido antes otros préstamos en bancos estatales como la Mutual, pero FUDECOSUR le ha brindado el préstamo con mayores facilidades y la tasa de intereses mucho más baja.

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
  • 497.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Juan Carlos to buy construction tools.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 21, 2011
Listed
Mar 8, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012