Judith H. B. is 64 years old and married with two children. She is requesting the loan to plant coffee and attend to her farm. She intends to buy fertilizer and plant her coffee on a plot of vacant land. She wants to maintain her coffee crops appropriately in order to achieve better quality and obtain the most income possible at harvest time. This is her first loan with FUDECOSUR and she is very happy with the easiness of the process. In addition, Judith has worked in agriculture for many years. She hopes the future offers her family a better quality of life and greater economic stability and hopes to be able to continue growing as a person and as a farmer.
Judith H. B., tiene la edad de 64 años, está casada, y 2 hijos. El crédito lo quiere para sembrar café y asistir su finca, específicamente para el cultivo de café, la idea es sembrar en una área que está desocupada y 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 contenta con las facilidades que se le brindaron. Doña Judith también trabaja desde hace muchos años en la agricultura. Ella 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 productora.
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.