Check out some available loans that are similar to this one!
María Alejandra
María Alejandra is 21, married, and lives with her husband, who is her highest priority. With the loan, she plans to purchase organic fertilizer, fungicide, and pay for manual labor for the work of preparing the fields for the coffee. She will manually prepare the land to better conserve the soil conditions. She also plans to purchase a few beds of seedlings to plant. She will take advantage of the fertile soil and the favorable climate and other factors that support coffee cultivation to have a good coffee growing area.

With these improvements to the cultivation, she hopes to earn a little bit of profit, be able to improve the living conditions of her family, invest a little more in her cultivation area, and also achieve some goals. This is her first loan with FUDECOSUR. She has not had any previous loans in state banks, but FUDECOSUR has provided her with a loan with the best terms and the lowest interest rate.
View original language description ↓
María Alejandra, tiene la edad de 21 años, está casada, vive con su hijo esposo que son su mayor prioridad. Con su crédito pretende hacer preparación del terreno en forma manual para conservar mejor las condiciones del suelo y la compra de fertilizantes orgánico, fungicidas y pagar mano de otra en trabajos de preparación del suelo para el café. Además de poder comprar unas plantas de almácigo para realizar siembra y así tener una buena área de café, además de aprovechar la buena fertilidad del suelo y las condiciones de clima y otras que favorecen al cultivo de café. Con estas mejoras al cultivo espera obtener un poco de ganancias y así mejorar las condiciones de vida de su familia y también invertir un poco más en el área de cultivo y también cumplir algunas metas. Es el primer préstamo que recibido de FUDECOSUR. Él 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

  • $12,900
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 498.7
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,025 helped María Alejandra begin cultivating coffee.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 17, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014