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Víctor is 64 years old and married. He lives with his wife and children, who are his main priority. Víctor intends to use this loan for buying foliar fertilizers that he can apply during the summer season. By applying these to his crops, he will keep them in good condition. He will also pay laborers to improve the condition of his land. Víctor will have them build curved terraces that will help prevent soil erosion during the rainy season. This will maintain the fertility and preserve the natural nutrients in the soil. He will also take advantage of the weather and other conditions that favor the cultivation of coffee.

By making these improvements to his crops, Víctor hopes to earn a bit more profit so that he can improve his family's living conditions. This will also allow him to invest a little more into his farmland and also accomplish a few other goals.

This is the first loan he has received from FUDECOSUR. Víctor has not received any other loans from the state banks. FUDECOSUR is providing this loan with better terms and a lower interest rate.
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Víctor, tiene la edad de 64 años, está casado, vive con sus hijos y esposa que son su mayor prioridad. Con su crédito pretende hacer la compra de fertilizantes foliares para aplicarle en esta época de verano y así que el cultivo se mantenga en un buen estado y pagar mano de obra en trabajos de mejoramiento de las condiciones del suelo como lo son terrazas a curva de nivel y así en la época de lluvias evitar lo más que se pueda la erosión del suelo y de esta manera mantener la capa de fertilidad del suelo y de ante mano aprovechar mejor los nutrientes naturales de la tierra, además de aprovechar la buena fertilidad del suelo y las condiciones de clima y otras que favorecen al cultivo de café. Con estas mejoras al cultivo espera obtener un poco de ganancias y así mejorar las condiciones de vida de su familia y también invertir un poco más en el área de cultivo y también cumplir algunas metas. 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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $4,715,325
    Funds lent in using Kiva
  • 510.0
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $700 helped Víctor to buy foliar fertilizers for his crops and to pay for labor.
39% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jan 18, 2014
Feb 5, 2014
Currency Exchange Loss: