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Alban
Alban A. C. is 30 years old, married, and lives with his wife and two children who are his highest priorities. He intends to use the money for preparing his land so that it will be in good condition to facilitate planting. Alban has experience in cultivating crops and wants to achieve better bean production. For this reason, he is requesting assistance for his land so that his production will improve this year. He hopes to generate earnings and income for the welfare of his family. In addition, he wants to continue investing in his land and grow as a farmer.


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

View original language description ↓
Alban A. C., tiene la edad de 30 años, está casado y vive con sus 2 hijos y su esposa que son sus mayores prioridades. El pretende con el dinero realizar la preparación del terreno para que esté en buenas condiciones y así facilitar su siembra. El cuenta con experiencia en este cultivo y quiere lograr una mayor producción de frijol por lo cual le hará esta asistencia al terreno para así obtener mejoras este año en cuanto a producción. El con esto quiere generar las ganancias e ingresos para su bienestar familiar y también para seguir invirtiendo en esto y crecer como agricultor 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

  • $11,100
    Average annual income
  • 12
    View loans »
    Costa Rica Loans Fundraising
  • $4,059,650
    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 Alban to purchase farming supplies for growing beans.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 11, 2011
Listed
May 5, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013