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Teresita is 26 years old, single, and lives with her son, parents, and siblings who are her main priority. She will use the money from this loan to buy a sewing machine, which she will use to make clothing and be able to take advantage of the training through INA. She will also be able to buy fabrics and other supplies so she can better finish her clothing and increase her production. With this she will be able to make more clothing and fulfill more orders in the short term. This will be her first loan through FUDECOSUR. She has not had previous loans through state banks, but FUDECOSUR has provided a loan with ease and at a much lower interest rate.
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Teresita, tiene la edad de 26 años, está soltera, vive con su hijo, padres y hermanos los cuales son su mayor prioridad. Con su crédito pretende hacer la compra de una máquina de coser, la cual le facilite la elaboración de ropa y así poder aprovechar el conocimiento adquirido en capacitaciones por medio del INA y poder tener ingresos económicos para seguir invirtiendo en la compra de telas y otras productos, y también lograr un mejor acabado a las prendas fabricadas, además de aumentar la cantidad de unidades confeccionadas. Con esta compra pretende hacer más ropa y así cumplir con los pedidos a corto plazo. 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
  • 8
    View loans »
    Costa Rica Loans Fundraising
  • $4,836,900
    Funds lent in using Kiva
  • 497.9
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,025 helped Teresita to buy a sewing machine.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Nov 25, 2013
Dec 4, 2013
Currency Exchange Loss: