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Leli
Leli is 43, married, and has three children who are her greatest priority. She lives with her husband and a daughter, as the other two are adults. She wants to buy fertilizer and agricultural supplies to help her coffee plantation, which is her source of income. She works with her husband in this business.

She has been working on her small farm for several years, and wants to expand. This is the first loan she has received from Fudecosur, as they offered her the loan on better terms, and at a much lower interest rate. In addition, she wishes to offer her daughter the schooling she needs, so that someday she will be an educated person, and can face up to life more easily.
View original language description ↓
Leli, tiene la edad de 43 años, es casada y tiene 3 hijos, que son su mayor prioridad vive con su esposa y una hija, ya que los otros dos son mayores. Ella quiere comprar abono e insumos para asistir su Cafetal que es su fuente de ingresos, en esta actividad trabaja con su esposo. Tiene varios años que se dedica a su finca y quiere crecer. Es el primer préstamo que ha recibido de FUDECOSUR ya que le brindó el préstamo con mayores facilidades y la tasa de interés es mucho más baja. Ella también tiene el deseo de brindarle a su Hija la educación necesaria para que sea en el futuro una persona preparada y pueda 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
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $3,980,625
    Funds lent in using Kiva
  • 505.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Leli to buy fertilizer and agricultural supplies for growing coffee.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 26, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012