FUCODES - RURAL CREDIT PROGRAM

MANAGERIAL AND OPERATIONAL EFFECTIVENESS OF FUCODES STAFF WILL BE IMPROVED, AND ROTATING LOAN FUND OPERATIONS WILL BE EXPANDED. THE NATIONAL BANKING SYSTEM"S SUPPORT AND PARTICIPATION IN GROUP LENDING WILL BE OBTAINED, AND ASSISTED GROUPS" AWARENESS OF THEIR ECONOMIC AND SOCIO-CULTURAL RIGHTS WILL BE INCREASED. A STATISTICAL SECTION WILL BE CREATED WITHIN FUCODES TO EVALUATE,WITH THE ASSISTANCE OF THE ACCOUNTING SECTION, THE ENTIRE OPERATION OF FUCODES AND THE EFFECTIVENESS OF EACH ASSISTANCE PACKAGE. IT WILL ALSO BE RESPONSIBLE FOR DEVELOPING BETTER APPROACHES WHEN AREAS FOR IMPROVEMENT ARE IDENTIFIED. A TRAINING PROGRAM WILL ALSO BE IMPLEMENTED FOR LOAN PROMOTERS WITHIN FUCODES. TRAINING WILL CONSIST OF INTENSIVE WORKSHOPS AND COURSES IN ACCOUNTING, BUSINESS ADMINISTRATION, GROUP DYNAMICS, DATA COLLECTION, AND FEASIBILITY STUDIES, AS WELL AS SEMINARS ON THE OVERALL COSTA RICAN SOCIO-ECONOMIC SITUATION. THE POSITION OF ASSISTANT DIRECTOR WILL BE ADDED TO FUCODES. THE ASSISTANT DIRECTOR WILL MANAGE DAY-TO-DAY ACTIVITIES OF THE FOUNDATION, THEREBY FREEING THE DIRECTOR TO SPEND MORE TIME ON LOCAL FUND-RAISING, THE NUMISMATIC PROGRAM, AND PROPOSALS TO INTERNATIONAL AGENCIES. FUCODES WILL IMPLEMENT A PROGRAM TO INTERNATIONAL AGENCIES. FUCODES WILL IMPLEMENT A PROGRAMPPORTUNITIES FOR PROFITABLE INVESTMENT FOR THE HARD CORE RURAL POOR WHO HAVE NOT PREVIOUSLY HAD ACCESS TO INSTITUTIONAL FORMS OF CREDIT, DURING THE PROJECT, 144 SUBPROJECTS WILL BE FINANCED BY FUCODES, INVOLVING 1150 DIRECT PARTICIPANTS AND MORE THAN 5190 FAMILY DEPENDENTS.