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Pedro, 52, is married and lives with his children and wife, who are his biggest priority.

With his loan he plans to buy fertilizer and other products to start preparing his plot of land so his farm can make better progress and produce better. He also will pay for labor for applying the products and tending to the farm. This way he'll be assured of doing a good job.

What he plans to do is make the most of the good climate and soil conditions for this crop, as well as put into practice his several years of experience managing basic grains. He also will be able to buy the best-quality products to have everything ready on time for the beginning of the rainy season to do the planting, to have a healthy crop that develops well and yields a suitable crop in the short term.

He'll use the income he hopes to receive from the harvest for his family's well-being and studies, and to fulfill some family goals and continue investing more in the crops.

This is his first loan from FUDECOSUR. He had not had other loans from state banks, but FUDECOSUR offered him a loan with better terms and a much lower interest rate.
View original language description ↓
Pedro, tiene la edad de 52 años, está casado, vive con sus hijos y esposa, los cual es su mayor prioridad. Con su crédito pretende hacer la compra de fertilizantes y otros productos e iniciar la preparación del terreno para que la plantación pueda tener una mejor desarrollo y producción, además pagar mano de obra para la aplicación de los productos y trabajos de asistencia de la plantación, y de esta manera asegurarse de realizar un buen trabajo. Lo que pretende es aprovechar las buenas condiciones de clima y suelo que cuenta para este cultivo, 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 y tener todo listo a tiempo para inicios de lluvia hacer la siembra y que su plantación tenga un buen desarrollo y sanidad de la cosecha, y tener a corto plazo una producción adecuada. Con el ingreso de la cosecha que espera obtener la utilizará en el bienestar y estudio de su familia y 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
  • $4,722,350
    Funds lent in using Kiva
  • 503.0
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,000 helped Pedro to plant beans.
67% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jan 20, 2013
Feb 3, 2013
Currency Exchange Loss: