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Carmen, 62, is single living with his father and some siblings. He intends to use the loan to buy coffee seedlings to plant later on land that’s currently fallow. He plans to buy the seedlings to plant them and with the same money care for the crop so that it will be productive shortly and with this he will obtain a better quality of life and economic stability.

This is the first loan he’s gotten from Fudecosur. He’s had no previous loans with state banks and Fudecosur gave him the best loan terms and a much lower interest rate.
View original language description ↓
Carmen, tiene la edad de 62 años, está soltero, vive con el padre y unos hermanos. El con el crédito pretende comprar almacigo de café para su posterior siembra en una propiedad que se encuentra baldía, El tiene pensado comprar este almacigo para sembrarlo y con el mismo dinero asistirlo y poder producir dentro de un tiempo y con ello 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

  • $12,900
    Average annual income
  • 9
    View loans »
    Costa Rica Loans Fundraising
  • $4,502,650
    Funds lent in using Kiva
  • 498.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Carmen to buy seedlings.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Aug 2, 2012
Sep 12, 2012
Currency Exchange Loss:
Oct 17, 2013