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Luis Andrey
Luis Andrey is 23 years old, single, and lives with his brothers and parents, who are his top priority. With his loan, he intends to manually prepare the land. This is how he conserves the best soil - he buys fertilizer, corn seeds, and other products which he needs for cultivation. Furthermore, it is to pay for the labor of growing and caring for the crops by manually eliminating weeds to avoid use of chemicals, as well as some cultivation work like making layers to avoid soil erosion due to the rain. This helps him assure good work. With the possibility of this loan, he hopes to have everything prepared on time and to take advantage of the rainy season, as well as to put many years of experience into practice as he handles basic crops. Additionally, he will be able to buy the best, top quality products so that his plantation will be well-designed and healthy, and to have adequate production in the short-term. He will use the income from the harvest that he hopes to obtain to complete some family goals and continue investing in more crops. This is his first loan received from FUDECOSUR. He had not had other loans from government banks before, but FEDECOSUR has provided him the loan with great ease and the interest rates are much lower.
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Luis Andrey, tiene la edad de 23 años, está soltero, vive con sus hermanos y padres, los cual son su mayor prioridad. Con su crédito pretende hacer la preparación del terreno en forma manual y así conservar mejor los suelos, comprar fertilizantes, semilla de maíz y otros productos que requiere para hacer la siembra del cultivo. Además pagar mano de obra de la siembra y asistencia del cultivo como lo son la eliminación de maleza en forma manual para no utilizar químicos y algunos trabajos culturales como hacer niveles para evitar la erosión de los suelos por la lluvia principalmente, y de esta manera asegurarse de realizar un buen trabajo. Con esta posibilidad de crédito espera tener todo preparado a tiempo y aprovechar todo el periodo de lluvia, y también poner en práctica la experiencia de varios años en el manejo de granos básicos. Además de poder comprar los mejores productos y de mejor calidad para que su plantación tenga un buen desarrollo y sanidad, y tener a corto plazo una producción adecuada. Con el ingreso de la cosecha que espera obtener emplearlo en cumplir con algunas metas familiares y seguir invirtiendo más en los cultivos. Es el primer préstamo que recibido de FUDECOSUR. Él 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
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $4,719,900
    Funds lent in using Kiva
  • 499.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Luis Andrey to grow corn.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Oct 21, 2012
Nov 10, 2012
Currency Exchange Loss:
Jan 21, 2014