Didier has space for several kinds of crops: coriander, lettuce, radish and celery, among others. He wants to provide his crops with proper care and maintenance to obtain the best quality so that when he sells his crops he’ll get the best possible price for them.
This is the first time he’s negotiated a loan with FUDECOSUR and he is very happy with the loan terms he was offered.
He has been a farmer for several years. He hopes to improve his quality of life in the future and to have better economic stability in order to continue to grow as a person and as a producer.
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.
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