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Marlen Patricia
Marlen Patricia, 21, is single and does not have children. She wants to buy feed for some pigs she raises in her father’s property. She has been doing this for some years and wants to grow economically, help her father and study.

This is Marlen Patricia’s first loan with FUDECOSUR. She has not had other loans with state banks or cooperatives before, but FUDECOSUR granted her a loan more easily and with a much lower interest rate.
View original language description ↓
Marlen Patricia, tiene la edad de 21 años, es soltera, y no tiene hijos. Ella quiere comprar alimento para cerdos, los cuales los tiene en propiedad de su padre. Tiene varios años que se dedica a esta actividad y quiere crecer económicamente y ayudarle a su padre y poder estudiar. Es el primer préstamo que ha recibido de FUDECOSUR. No ha realizado otros préstamos en bancos estatales o Cooperativas, pero FUDECOSUR le brindó el préstamo con mayores facilidades y la tasa de interés es mucho más

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
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 502.3
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Marlen Patricia to buy feed for pigs.
68% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 13, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible