Manuel Antonio C. B., 65, is married and lives with his wife, who is his main priority. The loan he wants is for helping with his farm, specifically, with the cultivation of coffee; the idea is to buy organic and chemical fertilizers. He wants to give his cultivations appropriate care so that he can have better quality products and obtain the highest income possible at harvest time. This is the first time that he has taken a loan with FUDECOSUR, and he is very satisfied with the ease of payments they are providing him. Don Manuel Antonio has also worked for a number of years in agriculture. He hopes to provide his family with a better quality of life and better economic stability, and to be able to continue growing as a person and as a producer.
Manuel Antonio C. B., tiene la edad de 65 años, está casado, y vive con su esposa que es su mayor prioridad. El crédito lo quiere para asistir su finca, específicamente para el cultivo de café, la idea es comprar el abono y el fertilizante. Desea darle el adecuado mantenimiento al cultivo de café para lograr una mejor calidad y para obtener el mayor ingreso posible cuando sea tiempo de cosecha. Es la primera vez que realiza un crédito con FUDECOSUR y está muy contento con las facilidades que se le brindaron. Don Manuel Antonio también trabaja desde hace varios años en la agricultura. 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.
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 fudecosur.org.