Check out some available loans that are similar to this one!
Freddy is 21 years old, single, and lives with his parents and siblings who are his main priority in life. He plans to use his loan to buy bean seeds which have good characteristics and grow well in his area. He will also buy fertilizers - organic if possible - and other products to use on his crops, as well as paying workers to apply these products and tend his fields once things are growing This will ensure that a good job is done.

Freddy plans to make the most of the good weather and soil conditions in his area to grow his crops. He will also put into practice the several years of experience which he has growing basic grains. He would like to be able to buy the best quality products he can so that his crops grow strong and healthy and he obtains a decent harvest and good short-term production. He will use the income he hopes to make from his harvest to provide for his family's well-being and education, as well as achieving some family goals and continuing to invest in his crops.

This is the first loan that Freddy has received from FUDECOSUR. He has not received any previous loans from state banks. FUDECOSUR have given him this loan with better terms and a much lower interest rate.
View original language description ↓
Freddy, tiene la edad de 21 años, está soltero, vive con sus padres y su hermanos los cuales su mayor prioridad. Con su crédito pretende hacer la compra de semilla de frijol la cual tenga buenas condiciones y características que se adapten bien a la zona, además fertilizantes y si es posible orgánicos y otros productos para aplicarle a la siembra, además pagar mano de obra para la aplicación de los productos y asistencia de la plantación una vez que tenga desarrollo, y de esta manera asegurarse de realizar un buen trabajo. Lo que pretende es aprovechar las buenas condiciones de clima y suelo que cuenta la zona 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 para que su plantación tenga un buen desarrollo y sanidad al igual que una cosecha adecuada, y tener a corto plazo una producción importante. Con el ingreso de la cosecha que espera obtener quiere utilizarla 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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,715,325
    Funds lent in using Kiva
  • 498.9
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Freddy to buy inputs for his bean crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
May 19, 2013
Jun 13, 2013
Currency Exchange Loss:
Jun 17, 2014