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José Manuel
José Manuel B. C., 50, is married and has three children, who are his main priority in life; they are 24, 17 and 15 years old. He needs funds to buy chemicals for banana crops. The idea is to provide the farmland with proper care so that the banana crops will produce the best possible sale prices when time comes to sell them. He has a farm where he grows bananas and other crops.

This is his first loan with FUDECOSUR and he is very happy with the loan terms offered. José Manuel has many years of farming experience. He is sure that he will do well with the new project. He hopes to provide his family with a better quality of life and economic stability in the future so that he can continue to grow as a person and as a grower. In addition, he wants to be able to pay for the education of his children so that they will become professionals and upstanding citizens that are useful to society.
View original language description ↓
José Manuel B. C., tiene la edad de 50 años, está casado, tiene 3 hijos que son su mayor prioridad. Ellos tienen 24,17 y 15 años de edad. El crédito lo quiere para la compra de agroquímicos para la siembra de plátano. La idea es darle mantenimiento al terreno para poder darle el adecuado mantenimiento a la siembra de plátano, para que cuando estén listos para cosechar los puedan vender y obtener mayores ganancias. El cuenta con una finca sembrada de plátano y otros cultivos. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don José Manuel tiene muchos años de experiencia en la agricultura.El está seguro de que le va a ir muy bien en el nuevo proyecto.El espera en un futuro brindarle a su familia una mejor calidad de vida y una mayor estabilidad económica, y de poder seguir creciendo como persona y como productor.Además, desea poder pagar el estudio a sus hijos para que sean personas profesionales y personas provechosas para la sociedad.

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

  • $12,900
    Average annual income
  • 23
    View loans »
    Costa Rica Loans Fundraising
  • $4,370,725
    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 José Manuel to plant bananas.
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:
Mar 15, 2013