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Alice is 48-years-old and is married. She lives with her children and her husband. With the loan she tries to purchase wood and pay for the workforce to repair her home and hereby ensure good work. She wants to be able to buy the best materials of good quality so that her home is in a good state. This will improve her quality of life. With the improvements to her home she hopes to have a better place to live and that her children can grow up in better conditions.

This is the first loan the she received. She had not received other loans from state banks, but now a loan has been offered to her with better facilities and much lower interest rates.
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Alice, tiene la edad de 48 años, está casa, vive con sus hijos y esposo. Con su crédito pretende hacer la compra de madera y pagar mano de obra para la reparación de su casa, y de esta manera asegurarse de realizar un buen trabajo. Lo que quiere es poder comprar los mejores materiales de buena calidad para que su casa quede en buen estado y así mejorar su calidad de vida. Con las mejoras a su vivienda espera tener un mejor lugar para vivir y que sus hijos puedan crecer en mejores condiciones. 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Costa Rica

  • $12,900
    Average annual income
  • 8
    View loans »
    Costa Rica Loans Fundraising
  • $4,836,900
    Funds lent in using Kiva
  • 499.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Alice to improve her home.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Oct 24, 2012
Nov 18, 2012
Currency Exchange Loss:
Dec 19, 2013