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Gilberto
Gilberto S. C. is 39 years old and is married with 2 children, who are his highest priority. He wants to buy more pigs and livestock. His land has been his livelihood for many years and he wants it to develop further. This is the second loan he has received from FUDECOSUR. He has also been part of the La Luchita committee, a farming communal bank, for 5 years. He is the treasurer of the committee and of his church. He likes participating in committees because he has a lot of respect for community. He has not had any problems with his land over the past five years, and for that reason, he believes that there is little risk that his land will not develop further. His wish is to provide his children with the education necessary to prepare them for life. This is FUDECOSUR's first loan on Kiva.
View original language description ↓
Gilberto S. C. tiene la edad de 39 años, es padre casado y tiene 2 hijos que son su mayor prioridad. El quiere comprar mas ganado y cerdo. Hace muchos anos que el dedico a su campo y quiere crecer. Es el segunda préstamo que ha recibido de FUDECOSUR. También, el es parte del comité la luchita, el banco de campo, hace 5 anos. El es el tesorero del comité y su iglesia y le gusta participando en los comités por que tiene mas respeto de la comunidad. El no tenía problemas con su campo hace cinco anos y por esta razón, cree que crecer su campo sin riesgo. El deseo de el es de proporcionarles a sus hijos la educación necesaria para que se preparen para la vida. Esto es el primer prestamo de FUDECOSUR.

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.

About FUDECOSUR:

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 fudecosur.org.

About Costa Rica

  • $12,900
    Average annual income
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 583.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Gilberto buy more cattle and pigs.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 18, 2009
Listed
Oct 8, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010