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Jose Rolanado
José Rolando is 30 years old, married and lives with his wife and three his three children, who are his highest priority. With the loan, he wants to purchase some materials and necessary supplies to keep moving forward with his coffee plantation. He wants to buy fertilizers, fumigation products and pay for labor on his land. He has one hectare of coffee crops, and he wants to improve the harvesting conditions. His goal is to increase his coffee production with your help. He plans to improve his family's well-being and give his children a better future so they can go to school and become successful. He hopes to make headway with your help and with the profits he earns he can repay the loan and give a token of his appreciation for helping him. This is the first loan he has received from Kiva partner FUDECOSUR. He has never had a loan with a state bank, but FUDECOSUR provides credit with more simplicity and a much lower interest rate.
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José Rolando, tiene la edad de 30 años, está casado, vive con sus 3 hijas y su esposa que son su mayor prioridad. El con el crédito quiere comprar unos materiales e insumos necesarios para salir adelante con la asistencia de su cafetal. El quiere comprar abonos, productos de fumigación y el pago de mano de obra de los trabajos en su terreno. El cuenta con 1 hectárea de café en producción que quiere mejorar en condiciones de cosecha y tiene como meta aumentar su producción de café con la ayuda de ustedes, el piensa mejorar su bienestar familiar y darle a sus hijos un mejor futuro y poderles dar el estudio para que surjan como triunfadores en el futuro. El espera salir adelante con la ayuda de todos ustedes y con las ganancias generadas tiene piensado salir adelante con los pagos de su crédito y asi poder agradecerles por la ayuda brindada a su proyecto de vida. 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.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 499.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $2,025 helped Jose Rolanado to purchase supplies for his coffee plantation.
40% repaid
Repayment Term
61 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 28, 2012
Listed
Sep 8, 2012
Currency Exchange Loss:
Possible