Funded

Total loan: $1,000
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Daniel

Costa Rica
Concepcion, Costa Rica / Agriculture

A loan of $1,000 helped to grow chili peppers.


Daniel's story

Daniel is married, is 46 years old, and lives with his wife and three children, who are his greatest priority in life. With the loan that he is seeking he will buy inputs to help him in the cultivation of chili peppers. He will buy fertilizers, pesticides, and all kinds of products that are necessary to provide optimum conditions for his crop.

He is starting this new project and hopes that it will go very well and that he will be able to provide a good employment option for many people in his community as labor. At the same time he hopes to make a good profit from the project, and so improve his financial position and continue to strengthen his finances into the future. He hopes to be able to provide his family with a better quality of life and to help them do well in everything.

This is the first loan that he has received from FUDECOSUR. He had not previously received other loans from state banks, but FUDECOSUR has offered him this loan with better terms and a much lower interest rate.

Translated from Spanish by Kiva volunteer Eloise Phipps



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: August 17, 2013

Lenders and lending teams



Loan details

Loan length:

38 months
Repayment schedule: Irregularly
Disbursed date: August 17, 2013