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Ana Luisa
Ana Luisa is 39 years old. She is married and lives with her husband and 4 children who are her first priority. With the loan she will purchase inputs to protect her plantation. She has been working her cocoa plantation for a number of years and things have been going well. She wants to improve her plantation for the next harvests so that she can generate more production and generate more income for her well-being. She hopes to increase her revenues and improve her standard of living and get ahead with the project. This is the first loan she has received from FUDECOSUR. She has never had a loan with the State Banks but FUDECOSUR has offered this loan with better terms and a much lower interest rate.
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Ana Luisa, está casado, tiene 39 años y vive con su esposo y 4 hijos que son su mayor prioridad. Ella con el crédito va comprar los insumos para la asistencia de su plantación. Ella se dedica a la plantación del cacao desde ya hace varios años y le ha ido muy bien por lo cual quiere mejorar su plantación para estas próximas cosechas y así poder generar más producción para generar mayores ingresos para su bienestar. Ella espera poder aumentar sus ganancias económicas y mejorar su nivel económico y salir adelante con su proyecto. 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

  • $12,900
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 549.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $925 helped Ana Luisa to plant cocoa.
33% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 27, 2014
Listed
Mar 7, 2014
Currency Exchange Loss:
Possible