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Jesus
Jesús is married and lives with his wife and children, who are his biggest priority.

With the loan he plans to buy the supplies he needs for planting corn.

He has a small farm that he needs to take care of so he can improve his living conditions and his efficiency for the harvest, so he decided to fertilize it. He plans to get the most out of his profits from the planting with the harvest, so he'll be able to get ahead with the loan payments and give his family a better quality of life in the future.

This is his third loan from FUDECOSUR. He hadn't had other loans from state banks, but FUDECOSUR offered him a loan with better terms and a much lower interest rate.
View original language description ↓
Jesús, está casado, vive con su esposa e hijos que son su mayor prioridad. El con el crédito pretende comprar los insumos necesarios para asistir la siembra de maíz. El tiene una pequeña plantación que necesita asistirla para mejorar su estado y su rendimiento para la cosecha, por lo cual tomo la decisión de abonarla. El tiene pensado obtener de la siembra el máximo de las ganancias con la cosecha y así poder salir adelante con los pagos del crédito y darle a su familia una mejor calidad de vida para el futuro. Es el tercer 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
  • 17
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 512.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jesus to buy supplies to plant corn.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 1, 2013
Listed
Jan 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013