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María, 57, is married and lives with her husband and her two children. With this loan, she plans to buy supplies such as fertilizer to begin planting chilis, as well as to help pay labor costs. She would like to maintain her plantations so that they do not suffer from any damage and so that no production is lost. With her chili project, she hopes to generate more earnings to contribute to her family.

She does not have the necessary capital to make this purchase, since she has a low income and does not have a way to acquire the necessary money. Therefore, she has applied for a loan, which is her first with FUDECOSUR. She has not had any previous loans with state banks, but FUDECOSUR has offered her a loan with greater flexibility and a much lower interest rate.
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María tiene 57 años de edad, esta casada y vive con el esposo y dos hijos actualmente. Ella con crédito pretende comprar insumos como abonos para iniciar la siembra de chile, y a su vez ayudarse con la mano de obra. Ella piensa dar mantenimiento a las plantaciones, para que este no sufra ningún daño, y no se pierda la producción, y así con su proyecto de chile poder generar más ganancias para contribuir con su familia, ella no cuenta con el capital necesario para dicha compra, ya que es de bajos recursos y no tiene como adquirir el dinero necesario para esto, por lo que el solicito un crédito, y 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 Costa Rica

  • $12,900
    Average annual income
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,497,700
    Funds lent in using Kiva
  • 499.4
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,025 helped Maria to plant chilis.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Apr 1, 2013
Apr 28, 2013
Currency Exchange Loss: