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Kendal
Kendal, 32, is married and currently lives with his wife and a child.

He wants the loan to buy soil amendments and to take care of his coffee farm. He wants to give his crop the appropriate care so he can have a better harvest and, consequently, more income.

He hopes to give his family a better quality of life and greater economic stability in the future, as well as to keep growing as a person.

This is his first loan from FUDECOSUR. He had not had other loans from state banks before, but FUDECOSUR offered him a loan with better terms and a much lower interest rate.
View original language description ↓
Kendal tiene la edad de 32 años, está casado y vive con la esposa y un hijo actualmente. El crédito lo quiere para la compra de abono y dar asistencia a una plantación café. El desea darle el adecuado mantenimiento al cultivo para que este le permita tener una mayor producción y así tener mayores ingresos económicos. El espera en un futuro brindarle a su familia una mejor calidad de vida y una mayor estabilidad económica, y de poder seguir creciendo como persona. Es el primer 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

  • $12,900
    Average annual income
  • 24
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 498.6
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,025 helped Kendal to buy supplies.
99% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 24, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014