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Michael Sivianny
Michael Sivianny, 23, is single living with his parents and siblings. He intends to use the loan to buy supplies like manure, fumigation and also seeds and bags for transplanting for his coffee crops.

He has a field that’s apt for transplanted seedlings and he intends to buy supplies like manure and fungicide and to pay labor costs to obtain a good harvest. He wants to plant good quality coffee to sell in the local market or surrounding areas and also for his own consumption. He wants to generate higher profits for his and his family’s wellbeing.

This is the first loan he’s received from Fudecosur. He’s had no previous loans with state banks but Fudecosur has offered the loan with better terms and a much lower interest rate.
View original language description ↓
Michael Sivianny, tiene la edad 23 de años, está soltero y vive con sus padres y hermanos. El pretende con el crédito realizar la compra de insumos como abonos, fumigaciones, además la semilla y las bolsas para el almacigo, para su plantación de café. El cuenta con un terreno apto para la plantación del almacigo y pretende invertir en insumos como abonos y fungicidas y mano de obra para obtener una buena cosecha. El quiere implantar un café de buena calidad para venderlo en el mercado local o en lugares aledaños y también para autoconsumo. El quiere generar la mayor cantidad de ganancias para su bienestar y la de su familia. 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.


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
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,783,625
    Funds lent in using Kiva
  • 509.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Michael Sivianny to buy seeds and bags for coffee seedling transplant.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Feb 28, 2012
Mar 20, 2012
Currency Exchange Loss:
Nov 17, 2013