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Susan Tatiana
Susan Tatiana Méndez C. is 19 years old, single and lives with her son who is her highest priority. She plans to use the money from this loan to buy material for clothes making. She has the sewing machines she needs and has been doing this for several years. What she wants is to earn the necessary income to continue ahead with her business and every day improve her son’s quality of life so she can give him a better future. She wants to grow as a person and every day be stronger in this business.

This will be her first loan through FUDECOSUR. She has not had other loans through state banks, but FUDECOSUR has given her a loan, simply and at low interest.
View original language description ↓
Susan Tatiana Méndez C., tiene la edad de 19 años, está soltera y vive con su hijo que es su mayor prioridad. Ella con el dinero pretende comprar materiales para la confección de ropa. Ella cuenta con las maquinas para la creación de ropa y tiene varios años de trabajar en eso. Ella lo que pretende es generar las ganancias necesarias para seguir adelante con el negocio y darle cada día mas una mejor calidad de vida a su hijo a así poderle dar un mejor futuro. Ella quiere crecer como persona y cada vez ser más fortalecida en este pequeño negocio.
Es el primer préstamo que ha recibido de FUDECOSUR. Ella 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
  • 44
    View loans »
    Costa Rica Loans Fundraising
  • $4,191,025
    Funds lent in using Kiva
  • 496.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Susan Tatiana to buy sewing supplies.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 28, 2011
Listed
May 6, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012