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Modesto is a 56-year-old pepper producer who lives in the region of Upala, in the northern region of Costa Rica, minutes from the Nicaraguan border. Modesto is a dedicated farmer. He plans to focus his efforts on the planting and harvest of cayenne and habanero peppers. He works in cooperation with his family to strike a balance between accomplishing the daily tasks associated with agricultural production and the completion of domestic responsibilities. The land he works is his own. In addition to his agricultural activity, Modesto feels it is important to be an active member of his community. As a result, he dedicates a significant portion of his time to community meetings, groups and events. The rural zone where Modesto and his family live is sparsely populated with infrequent bus service and a general lack of infrastructure. Modesto is working hard towards the sustenance of his family, striving to reap the maximum benefits from his land and his labour.

Although this is an individual loan, the community in which Modesto and his family live is very close-knit and interdependent. Neighbours help and support one another by sharing experiences and expertise acquired over the years. All individual members of the Upala community are dedicated to the improvement of living conditions for the region as a whole.

This loan will be used to finance the production of cayenne and habanero peppers. Specifically, the loan will be used to finance the purchase of a variety of necessary agricultural nutrients, fertilizers and chemicals in order to ensure a healthy harvest. All labour and logistical tasks associated with production will be carried out by Modesto with the help of his family members in the region of Upala. The productive cycle (from planting to harvest) for these types of peppers is roughly one year. Modesto planted his peppers 4 months ago and will expect to harvest in the next 8 months. Typically, he dedicates the hours from 7:00 AM to 4:30 PM everyday to his agricultural activities.

Piper and Capiscum Processors Compañía Agrícola Industrial, or PROPICA, is an international buyer and seller of chili pepper and ground pepper products. In cooperation with Fundación Mujer, PROPICA has guaranteed to purchase the agricultural products (the peppers) that are to be produced with the help of this loan. PROPICA acts as a guaranteed client for small agricultural producers in the area of Upala, thus ensuring that their products will reach market.

The main obstacle Modesto and other producers in the Upala community face is a lack of access to working capital funds. The collaboration of Fundación Mujer and PROPICA represents a unique opportunity to Modesto, his family and community. By offering a source of start-up capital and a guaranteed client to purchase what is produced, there is a chance to improve family and community standards of living. Above all, Modesto wants to take advantage of the current opportunity that has been presented – he wants to profit from this collaboration and see improvements in his home and neighbourhood.

Additional Information

More information about this loan

In Costa Rica, funding for microfinance institutions is hard to come by, and many institutions find themselves having difficulty growing and reaching all the demand for loans that exist. Kiva works with Fundacion Mujer because it attends a very marginalized population in Costa Rica, with a specific focus on women. In addition to the loan, Fundacion Mujer provides specialized training programs for their borrowers on everything from computer classes to salon training. Because of the difficulty in obtaining capital in Costa Rica, Fundacion Mujer cannot serve all the women that need loans. Therefore Kiva plays a unique role in helping Fundacion Mujer grow its portfolio and reach borrowers it otherwise would not be able to.

About Costa Rica

  • $11,100
    Average annual income
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,023,725
    Funds lent in using Kiva
  • 503.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Modesto for the purchase of agricultural chemicals and nutrients.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 1, 2010
Oct 12, 2010
Currency Exchange Loss:
Nov 16, 2012