Roberto Vega Rodríguez


Status: Paying Back

$875.00   Loan Amount
7% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Name: Roberto Vega Rodríguez
Location: Location Undisclosed, Costa Rica
Activity: Cattle

About the Loan

Loan Amount: $875.00
Loan Use: Purchase a dairy cow
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Aug 16, 2009
Date Disbursed: Aug 22, 2009
Date Funded:Aug 17, 2009

About the Country

Country:Costa Rica
Avg Annual Income:$11,100.00
Currency:Costa Rica Colones (CRC)
Exchange Rate:585.6000 CRC = 1 USD



Roberto Vega Rodríguez lives with his wife and daughter in the community of El Sauce de Teresita de Turrialba in Cartago Province. It is a small rural community of approximately 2000 inhabitants. The residents make their living producing milk or growing coffee. The terrain is quite irregular and is comprised of mostly tropical rain forests. The community has very picturesque views that combine tropical forests with two beautiful lagoons, coffee plantations, and dairy farms. El Sauce is located approximately 1½ hours away by bus from Turrialba, which is the nearest commercial center. However, the roads become impassible several times a year whenever heavy rains hit the area. This is undoubtedly one of the main challenges for the community.


When there is not enough work in the community, many people leave to find jobs in Turrialba or on banana plantations located in the Atlantic Zone of Costa Rica. Currently the price of coffee and milk has improved, so all of the neighbors seek to invest in projects in the local area to prevent migration.


Don Roberto has spent most of his life producing milk and cheese as a way of generating income for his family. He says he is content with his business because it has enabled him to get ahead. Don Roberto sells his milk to a plant that produces cheese, an entity owned by the El Sauce Association of Milk Producers.


The cheese from the region where Don Roberto lives is famous throughout Costa Rica. It is a fresh cheese that is traditionally known as Turrialba cheese. Ticos (a term that refers to the residents of Costa Rica) enjoy this type of cheese so much that it is served with almost every meal. For this reason, the market for this product is very good.


Don Roberto wishes to obtain a microloan of 500,000 colones to buy another dairy cow so that he can increase his milk production. He knows that having one more cow is a great sacrifice and demands more work. However, the desire to be a successful microentrepreneur will move his family forward and improve their living conditions. These goals are what motivate him to strive with great care and dedication.


Don Roberto is a client of the El Sauce Association of Producers, a member organization of the microfinance cooperative EDESA. This will be his sixteenth loan and he hopes to continue growing personally and financially.

Translated from Spanish by Ronan Reodica, Kiva Volunteer


Roberto Vega Rodríguez es un señor de años de edad que vive con su esposa y su hija en una comunidad llamada El Sauce de Santa Teresita de Turrialba, Provincia de Cartago. Es una pequeña comunidad rural de aproximadamente dos mil habitantes. Sus pobladores se dedican a la producción de leche y siembra de café. Tiene un relieve irregular y mucho del terreno se mantiene como bosque tropical húmedo. La comunidad tiene paisajes muy pintorescos que combinan el bosque tropical con dos lindas lagunas, plantaciones de café y lecherías. El Sauce se localiza aproximadamente a hora y media en bus de Turrialba, el centro de comercio más cercano. Sin embargo, varias veces al año el camino se vuelve intransitable por las lluvias que azotan la zona. Este es sin duda uno de los principales desafíos para la comunidad.
Cuando no existían actividades muchas personas optaron por salir a buscar trabajos en Turrialba o en fincas bananeras ubicadas en la Zona Atlántica de Costa Rica. Actualmente los precios del café y la leche han mejorado, por lo tanto los vecinos buscan cómo invertir en proyectos en la misma zona y de esta forma evitar migrar.

Don Roberto ha dedicado la mayor parte de su vida a la producción de leche y queso como una forma de generar ingresos para su familia. Dice estar muy contento porque gracias a este proyecto ha podido salir adelante. Comenta que la producción de leche la vende a la planta de elaboración de quesos, propiedad de la Asociación de Productores de Leche de El Sauce.

El queso de la región donde vive don Roberto es famoso en todo Costa Rica. Es un queso fresco que se le conoce tradicionalmente como “queso tipo Turrialba”. A los “ticos” (como se les conoce a los habitantes de Costa Rica) les gusta mucho consumir este producto; se le encontrará en las mesas acompañando cualquier tipo de comida. Por esta razón, el mercado para dicho producto es realmente bueno.

Don Roberto desea obtener un micro crédito por un monto de ¢500.000 (quinientos mil colones) para comprar una vaca lechera más y así aumentar la producción de leche. El sabe que contar con una vaca más es un mayor sacrificio y demandará más trabajo. Sin embargo, el deseo de ser un microempresario exitoso y sacar adelante a su familia mejorando las condiciones de vida, lo motiva a esforzarse con gran esmero y dedicación.

Don Roberto es cliente de la Asociación de Productores de El Sauce, una organización local socia de la micro financiera EDESA. Este será su décimo sexto préstamo y con él espera continuar creciendo a nivel personal y económico

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Journal entries for Roberto Vega Rodríguez


Loan has been disbursed
 
Entrepreneur: Roberto Vega Rodríguez
Location: Location Undisclosed, Costa Rica

Thank you for your loan. It has been disbursed to Roberto Vega Rodríguez by EDESA in Costa Rica. We are excited to watch this business grow. Over the 24 months of this loan, EDESA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Location Undisclosed, Costa Rica
Aug 22, 2009
Comment on this entry

Journal Update for Roberto
 
Entrepreneur: Roberto Vega Rodríguez
Location: Location Undisclosed, Costa Rica

Roberto used his loan to purchase a dairy cow which he keeps in a pasture behind his house. The business is going well and Roberto has not encountered any problems.

The village cheese plant is located close to Roberto’s house and this is where he sells his milk to be made into “Queso Turrialba”. The more milk Roberto produces, the more cheese the factory makes which in turn requires more labor. The factory currently benefits thirty families in the community through employment and have expanded their products to include butter and cream, with hopes for more products in the future.

Below is a photo of Roberto with his cow that he purchased with the Kiva loan.

Please join EDESA's Lending Team to receive updates on the excellent work they are doing here in Costa Rica, read more about EDESA and their network of Community Credit Enterprises, and check in often to see any currently fundraising loans for entrepreneurs like Roberto in Costa Rica.


Posted by Alana Solimeo from Location Undisclosed, Costa Rica
Oct 26, 2009
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Kiva Help Repayment Schedule for Roberto Vega Rodríguez

  Expected Repayments Actual Repayments Comments
November 2009 $30.87 $30.87 Repayment Received
December 2009 $31.30 $31.30 Repayment Received
January 2010 $31.75 Available Jan 1  
February 2010 $32.19 Available Feb 1  
March 2010 $32.66 Available Mar 1  
April 2010 $33.11 Available Apr 1  
May 2010 $33.59 Available May 1  
June 2010 $34.06 Available Jun 1  
July 2010 $34.54 Available Jul 1  
August 2010 $35.03 Available Aug 1  
September 2010 $35.53 Available Sep 1  
October 2010 $36.03 Available Oct 1  
November 2010 $36.54 Available Nov 1  
December 2010 $37.06 Available Dec 1  
January 2011 $37.59 Available Jan 1  
February 2011 $38.12 Available Feb 1  
March 2011 $38.65 Available Mar 1  
April 2011 $39.21 Available Apr 1  
May 2011 $39.76 Available May 1  
June 2011 $40.32 Available Jun 1  
July 2011 $40.90 Available Jul 1  
August 2011 $41.47 Available Aug 1  
September 2011 $42.06 Available Sep 1  
October 2011 $42.66 Available Oct 1