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Elías is 39 years old, married, and currently lives with his wife and four children. With the loan he plans to purchase coffee plant seeds in order to make a plant nursery, as well as the bags he needs to make the nursery, supplies such as fertilizers and fumigants.

He has plans to make this nursery and give it the appropriate maintenance with the supplies, in order to later sell in the local market and neighboring areas. So he hopes to make more earnings and achieve a better quality of life and financial stability. This is the first loan he has received from Fudecosur. He has not taken out any previous loan with state banks, but Fudecosur has provided the loan with greater ease and at much lower interest rates.
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Elías, tiene la edad de 39 años, está casado, vive con su esposa y cuatro hijos actualmente. El con el crédito pretende comprar la semilla de café para hacer un almacigo y además las bolsas que se necesitan para hacer el almacigo insumos como abonos y fumigaciones. El tiene pensado hacer este almacigal y darle el adecuado mantenimiento con los insumos, para su posterior venta en el mercado de la localidad y lugares aledaños y así generar más ganancias y obtener una mejor calidad de vida y una estabilidad económica. 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
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,022,575
    Funds lent in using Kiva
  • 503.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $900 helped Elias to purchase seeds and supplies.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
May 8, 2012
Jun 8, 2012
Currency Exchange Loss: