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Eliecer
Eliecer is an enterprising gentleman who is 47 years old and married. He lives with his wife and three children.


Eliecer is requesting a loan so that he can buy supplies, such as fumigants and herbicides. He wants to maintain his coffee crops so that they will stay in good condition and yield a product that is suitable for sale. This farmer has put forth much effort and sacrifice to get his project to where it is today. Thanks to his dedication, he has achieved favorable results.


Eliecer is financially dependent on his business so that he can move forward. For this reason, he is requesting a loan, the first one he has received from FUDECOSUR. He has not received any other loans from the state banks and FUDECOSUR is providing this loan with better terms and a lower interest rate.

View original language description ↓
Eliecer, un hombre emprendedor, tiene 47 años de edad, es casado y vive con la esposa y tres hijos, el solicita el préstamo para comprar insumos como fumigaciones y herbicidas, el desea dar asistencia a los cultivos de café, con la finalidad de mantenerlas en buenas condiciones, para obtener un producto 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 , 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

  • $11,100
    Average annual income
  • 45
    View loans »
    Costa Rica Loans Fundraising
  • $4,171,575
    Funds lent in using Kiva
  • 498.2
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,025 helped Eliecer to buy farming supplies for his coffee crops.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 3, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible