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Gerardo is 56 years old, married, and lives with his wife, who is his highest priority. With this loan he intends to purchase fertilizers, fungicides, to hire laborers to help with his coffee farming, and to buy a variety of seedling plants that are suited to the soil and climate conditions of the area. With these investments he aims to increase the density of plants per area, thereby improving production, while taking advantage of good soil fertility, climate conditions, and other favorable conditions for coffee cultivation. With these improvements to the crop, he expects to increase his income, and improve his family’s living conditions. This is the his first loan with FUDECOSUR. He has not previously had the opportunity for loans in state banks, but FUDECOSUR has given opportunities for loans with better facilities and much lower interest rates.
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Gerardo, tiene la edad de 56 años, está casado, vive con su esposa la cual es su mayor prioridad. Con su crédito pretende hacer la compra de fertilizantes, fungicidas y pagar mano de obra en trabajos de asistencia para el café, además de comprar algunas plantas de almácigo de una variedad que se adapte mejor a las condiciones del suelo y clima de la zona y así realizar una resiembras, esto con el objetivo de aumentar la densidad de plantas por área y con esto mejorar la producción, además de aprovechar la buena fertilidad del suelo y las condiciones de clima y otras que favorecen al cultivo de café. Con estas mejoras al cultivo espera obtener un poco de ganancias y así mejorar las condiciones de vida de su familia y también invertir un poco más en el área de cultivo y también cumplir algunas metas. Es el primer préstamo que recibido de FUDECOSUR. Él 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

  • $11,100
    Average annual income
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 540.7
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $925 helped Gerardo to hire laborers to help with his coffee farming.
0% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jul 9, 2014
Aug 11, 2014
Currency Exchange Loss: