Stories tagged with FUDECOSUR

Nov 11, 2009 CR Costa Rica

By Karl Baumgarten, KF9, Costa Rica

4,000,0000 cups per year. 10,958,904 cups per day. 42 beans per cup.  460,273,968 beans per day. And they all have to be picked one by one by one. My fingers hurt just thinking about it. Every cup we make  is the culmination of an incredibly involved process that we all should appreciate.

Below is a video of the coffee process at AsoProLa, an organic coffee company which processes coffee from small scale farmers in Altamira, many of whom have micro-loans with FUDECOSUR

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Oct 10, 2009 CR Costa Rica

By Karl Baumgarten, KF9, Costa Rica

In the last 5 years, financial innovation has spread rapidly to the field of microfinance. What previously was better coined micro-credit is starting to live up to its name, with more and more MFIs starting to offer a full gambit of financial services: microinsurance, microsavings, remittances and others. Technology is enabling these products to spread faster and further. But just what are the impacts of these products and how can we be sure that microfinance is really doing all that its rosy image implies? One increasingly popular method...

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Oct 10, 2009 CR Costa Rica

By Karl Baumgarten, KF9 Costa Rica

After a rainy welcome to San Isidro del General yesterday, I was pleasantly surprised by sunshine and smiles for my first day at FUDECOSUR, an MFI working in the impoverished districts of Southern Costa Rica. With my Spanish struggling but my effort appreciated, the staff welcomed the new face around the office that promised to bring more work to their already hectic schedules. FUDECOSUR is currently poised at an interesting time during their pilot partnership with Kiva. They are perhaps days away from posting their first loans to Kiva,...

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