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Anthony
Anthony is an enterprising and humble young man who is 21 years of age. He is single and currently lives with his family. Anthony is requesting a loan in hopes of buying supplies, such as compost and fumigants. He wants to maintain his coffee crop so that it will stay in good condition and yield a high-quality product that he can sell.


This farmer has put forth much effort and sacrifice to get his project to where it is today. Thanks to his dedication, he has received a favorable endorsement for being one of the best farmers in the area. His only limitation is the lack of money, which his business depends on in order to move forward. For this reason, Anthony is requesting a loan, which is the first one he has received from FUDECOSUR. He has not received any other loans from the state banks and FUDECOSUR is offering this loan with better terms and a lower interest rate.

View original language description ↓
Anthony, un hombre emprendedor y muy humilde, tiene 21 años de edad, es soltero y vive con su familia actualmente, el solicito un préstamo con el anhelo de comprar insumos como abonos, y fumigantes, el desea dar asistencia a los cultivos de café, con la finalidad de mantenerlas en buenas condiciones, para obtener un producto de buena calidad y factible a la hora de ser comercializado. Este agricultor que con mucho esfuerzo y sacrificio a logrado encaminar su proyecto hasta el día de hoy, y este como tal, gracias a su dedicación ha respondido favorablemente, se encuentra en uno de los mejores de la zona y la única delimitación que este caballero tiene es la falta de dinero, ya que de esta actividad económica dependen para poder salir adelante, por lo que él hace una solicitud de crédito , y es el primer préstamo que ha recibido de FUDECOSUR. El no registra 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
  • 37
    View loans »
    Costa Rica Loans Fundraising
  • $4,443,750
    Funds lent in using Kiva
  • 498.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Anthony to buy farming supplies for his coffee crop.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 3, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013