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Herminio is 46 years old. He is married and currently lives with his wife and two children. He wants to buy nursery seeds to replant his coffee crops and also some supplies. He has the land and what he wants is to replant the more damaged areas so that he can increase next season's harvest and grow as a local coffee farmer. His goal is to generate a higher coffee production as well as enough profit to keep his project going and increase his wellbeing. This is his first loan through FUDECOSUR. He has never obtained a loan from state banks, but FUDECOSUR has granted him a loan with easier payment terms and a much lower interest rate.
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Herminio, tiene la edad de 46 años, está casado y vive con su esposa y dos hijos actualmente. El quiere compra almacigo para la resiembra de su cafetal y también algunos insumos. El cuenta con el terreno y lo que quiere es resembrar las zonas más dañadas para así aumentar la cosecha próxima y crecer como un caficultor de la zona. El pretende con estas mejoras generar mayor producción de café y así también le genere ganancias para seguir adelante con su proyecto y mejorar su bienestar 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 Costa Rica

  • $12,900
    Average annual income
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $4,836,900
    Funds lent in using Kiva
  • 500.0
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Herminio to buy supplies to grow coffee.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Sep 5, 2013
Sep 25, 2013
Currency Exchange Loss: