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Zari
Zari is 31 years old and married. She currently lives with her husband and three children. The loan she is requesting will be used to buy compost for maintaining a coffee plantation that she would like to start. Zari would like to adequately maintain this crop so that she can obtain the best production and achieve more income. In the future, she hopes to provide her family with a better quality of life and greater financial stability. She also wants to continue growing as a person and as a producer.


This is the first loan Zari has received from FUDECOSUR. She has not received any other previous loans from the state banks, so FUDECOSUR is providing this loan with better terms and a lower interest rate.

View original language description ↓
Zari tiene la edad de 31 años, está casada y vive con el esposo y tres hijos actualmente. El crédito lo quiere para la compra de abono y dar asistencia a una plantación de café que quieren iniciar. Ella desea darle el adecuado mantenimiento al cultivo para que este le permita tener una mayor producción y así tener mayores ingresos económicos. Ella 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 y como productora. Es el primer préstamo que 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.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 500.7
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Zari to buy compost and fumigants.
33% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
Possible