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Gerardo M. M. is 45 years old. He is married and he lives with his 4 children and his wife. They are his greatest priority. With his loan he plans on paying the labor expenses for the plantation and for later assistance. He wants to have a good harvest this year and to have a plantation that is in good condition to generate good profits for the next harvest. His has his own land and the topography is perfect for cultivation. He has been working in these fields for many years and he has earned much experience. He aims to increase his revenues to have a better way of life and to read his goals for the future. He also wants to keep his children in school to give them a career in the future.

This is his first loan with Fudecosur (Kiva Field Partner). He has not had previous loans with national banks, but Fudecosur has provided him with a loan, greater benefits, and a much lower interest rate.
View original language description ↓

Gerardo M. M., tiene la edad de 45 años, está casado, vive con sus 4 hijos y su esposa que son sus mayores prioridades. El con el crédito pretende pagar la mano de obra de la siembra sembrada y su posterior asistencia. El quiere llegar a tener una buena cosecha para este año y tener el cultivo en buenas condiciones para generar ganancias las proximas cosechas que vienen. El cuenta con el terreno y la topografía apta para la explotación del cultivo. También tiene muchos años de trabajar en estos cultivos por lo cual cuenta con mucha experiencia. El pretende generar las ganancias para tener un mejor calidad de vida y llegar a cumplir metas que tiene a igual quiere seguir brindandole a sus hijos el estudio para que sean profesionales enel futuro.
Es el primer préstamo que recibido de FUDECOSUR. El no había tenido antes otros préstamos en bancos estatales, pero FUDECOSUR le ha brindado el préstamo con mayores facilidades y la tasa de intereses mucho más baja.

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.


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

About Costa Rica

  • $12,900
    Average annual income
  • 53
    View loans »
    Costa Rica Loans Fundraising
  • $4,673,875
    Funds lent in using Kiva
  • 496.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Gerardo to invest in his bean plantation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 11, 2011
May 6, 2011
Currency Exchange Loss:
Jul 15, 2012