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Alina
Alina is 58 years old, single and lives alone. She has grown-up children living in Nicaragua. She has been living in Costa Rica for several years, seeking a better quality of life so that she can help her relatives financially. She has been selling sandals, bags and other products door-to-door for several years. She likes doing this work in Costa Rica as she already has a lot of friends and can work in peace. This is the 1st loan that she has received from FUDECOSUR. In addition, she has no other loans with state banks. FUDECOSUR granted her the loan with better conditions and the interest rate is a lot lower. Alina also wants to help her children financially so that they can get ahead in their own country Nicaragua and can more easily cope with life.
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Alina, tiene la edad de 58 años, es soltera y vive sola, y tiene hijos mayores que viven en Nicaragua. Ella, hace varios años que Vive en Costa Rica, buscando una mejor calidad de vida y así poder ayudar a sus familiares en lo económico. Tiene varios años que se dedica a vender artículos como , Sandalias, bolsos y otras cosas mas, lo hace visitando casa por casa. Le gusta hacer este trabajo en Costa Rica, porque ya tiene muchas amistades y puede trabajar tranquila. Es el primer préstamo que ha recibido de FUDECOSUR. También, ella no ha realizado otros préstamos en bancos estatales. FUDECOSUR le brindó el préstamo con mayores facilidades y la tasa de interés es mucho más baja. Alina también tiene el deseo de ayudarle a sus hijos con dinero para que puedan salir adelante en su país Nicaragua y puedan enfrentar de manera más fácil la vida.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,106,550
    Funds lent in using Kiva
  • 505.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Alina to buy sandals and bags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 29, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012