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Reiman
Reiman A. C. is 26 years old, married, and lives with his wife and son who are his highest priorities. He plans to purchase supplies and fertilizers so that he can achieve a good crop and provide the most suitable conditions for planting. Reiman has adequate land and experience in producing a good crop. He wants to generate the necessary income to achieve a better quality of life and provide his son with an education.


This is the first loan he has received from FUDECOSUR. Reiman has not had any other previous loans with the state banks. FUDECOSUR is providing this loan with better terms and a lower interest rate.

View original language description ↓
Reiman A. C., tiene la edad de 26 años, está casado y vive con su hijo y su esposa que son sus mayores prioridades. El lo que pretende es hacer la compra de los insumos y fertilizantes y así hacer una buena siembra del cultivo y en el momento más apto para sembrar. El cuenta con el terreno apto y la experiencia para desarrollar un buen cultivo. El quiere generar los ingresos necesarios para una mejor calidad de vida en el futuro y poderle dar el estudio al hijo en su momento. Es el primer préstamo que recibido de FUDECOSUR. El no había tenido antes otros préstamos en bancos estatales, 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

  • $12,900
    Average annual income
  • 22
    View loans »
    Costa Rica Loans Fundraising
  • $4,356,875
    Funds lent in using Kiva
  • 496.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Reiman to purchase fertilizers and supplies for planting beans.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 11, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013