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Gerardo
Gerardo A. P., 39, is married and lives with his wife and two children, who are 11 and 3 years of age. He needs funds to improve his farm; he needs to hire labor to do some improvements to the farm so that his crops will produce better. The idea is to improve and enlarge production capacity and expand the planting area. Gerardo has several crops in production like, coffee and pasture grass, among others. He wants to provide proper care so that he can get the best possible prices at harvest time.

This is his first loan with FUDECOSUR and he is very happy with the terms offered. Gerardo has been a farmer for many years. He hopes to improve his family's standard of living and have better economic stability in the future so that he can continue to grow both as a person and as a grower.
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Gerardo A. P., tiene la edad de 39 años, está casado, y vive con su esposa y 2 hijos, uno de 11 y otro de 3 años de edad. El crédito lo quiere para dar asistencia a su finca, en contratar mano de obra para realizar trabajos en la finca y así lograr que los cultivos produzcan más. La idea es mejorar y aumentar la capacidad de producción y aumentar el área del cultivo. Don Gerardo cuenta con área de diversos cultivos en producción tal como café, pasto entre otros. Desea darle el adecuado mantenimiento y lograr una mejor calidad y obtener el mayor ingreso posible cuando sea tiempo de su cosecha. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Gerardo también trabaja desde hace muchos años en la agricultura. El espera en un futuro mejorar su calidad de vida y tener una mayor estabilidad económica, y así poder seguir creciendo como persona y como productor.

About FUDECOSUR: The Foundation for the Development of Southern Communities is dedicated to economically empowering its clients by providing credit and capacitating programs to improve living conditions of micro-entrepreneurs and their children across Southern Costa Rica. You can obtain more information on FUDECOSUR from the website: FUDECOSUR.org

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

  • $11,100
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 545.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Gerardo to pay labor costs for farm improvements.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 12, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013