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Mónica is 25 years old. She is married and currently lives with her husband and three children. With the loan she plans to buy some materials for fixing-up her home. She also has a coffee plantation which she works with her husband and children. They all put in a lot of effort as they have a strong desire to have a better future and with this project they will be able to repay the loan. This is Mónica's first loan from Fudecosur. She has not had any other loans from state banks before but Fudecosur has provided her with a loan under better conditions and with a much lower interest rate.
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Mónica tiene 25 años de edad, esta casada y vive con el esposo y tres hijos actualmente. Ella con crédito pretende comprar unos materiales para hacer unos arreglos a la vivienda. Ella además cuenta con una plantación de café la cual trabaja con el esposo y loa hijos mucho esfuerzo con el anhelo de tener un mejor futuro y con este proyecto poder pagar este crédito, es el primer préstamo que ha recibido de FUDECOSUR. Ella 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Costa Rica

  • $12,900
    Average annual income
  • 9
    View loans »
    Costa Rica Loans Fundraising
  • $4,502,650
    Funds lent in using Kiva
  • 499.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Monica to buy cement.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Feb 12, 2013
Mar 15, 2013
Currency Exchange Loss:
Oct 17, 2013