Check out other loans that are currently fundraising!
Pedro Miguel
Pedro Miguel is 18 years old. He is single and lives with his grandfather, who is his top priority. With this loan he will purchase fertilizer and seed. He is going to sow a field that he owns which has the right conditions for good crop production. He also has the necessary experience to care for the crop and wants to obtain the best results. His goal is to be able to sell his crop at a very good price and earn maximum profits for his well-being and that of his grandfather. This is the first loan he has received from FUDECOSUR. He has never had a loan in other banks. FUDECOSUR has provided a loan with the best terms and a much lower interest rate.
View original language description ↓

Pedro Miguel, tiene la edad de 18 años, está soltero y vive con su abuelo que su mayor prioridad. El con el crédito va comprar los abonos y la semilla sembrada. El va sembrar un terreno que posee que reúne las condiciones favorables para el buen desempeño de las plantaciones. El además cuenta con la experiencia necesaria para el buen manejo del cultivo y quiere obtener de le los mejores resultados. el tiene como meta poder vender su cosecha a un muy buen precio y generar el máximo de ganancias para su bienestar y el de su abuelo. 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.


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

About Costa Rica

  • $11,100
    Average annual income
  • 44
    View loans »
    Costa Rica Loans Fundraising
  • $4,188,725
    Funds lent in using Kiva
  • 499.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Pedro Miguel to help with planting corn crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Nov 14, 2011
Dec 13, 2011
Currency Exchange Loss:
Dec 15, 2012