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Cecilio
Mr. Cecilio H. H. is a 61-year-old micro-entrepreneur, who lives with his wife and three children, in a rural community in Costa Rica, called Mollejones de Platanares Pérez Zeledón. Mollejones is a community located 150 kilometers south of Costa Rica's capital, San José. It is 850 meters above sea level. They cultivate vegetables and coffee along with other kinds of activities like raising fat cattle and pigs. There are also some organic agricultural projects and vegetables in hydroponics. Besides agriculture, the community has mechanical workshops, a supermarket, small restaurants, and a furniture store.

His micro-business is in the dairy field. He produces milk and its derivatives, which he then sells to the community and the surrounding towns. His clients seem very satisfied that they can get a hold of fresh products that are made in a trustworthy environment by a local person.

He reports that he has always had cows and calves so he knows how to care for and how to treat the animals so they produce efficiently. However, it wasn't until five years ago that he turned it into a micro-business.

All micro-businesses need to grow, which is why ¢650,000 are needed to invest in the purchase of a cow and a calf so he can increase his production and satisfy demand. This will really help him improve his and his family's living conditions.

Mr. Cecilio is a client of Empresa de Crédito Comunal Bancruce one of the 100 member organizations of EDESA in Costa Rica. This is his first loan and he hopes to pay it off successfully.
View original language description ↓
Don Cecilio H. H. es un microempresario de 61años de edad, que vive con su esposa y tres hijos en una comunidad rural de Costa Rica llamada Mollejones de Platanares Pérez Zeledón. Mollejones es una comunidad ubicada a 150 kilómetros al sur de la Provincia de San José, la capital de Costa Rica. Se encuentra a 850 metros sobre el nivel del mar. Ahí se cultivan hortalizas, café y además se desarrollan otras actividades como la crianza de ganado de engorde y de cerdos. Existen también algunos proyectos de agricultura orgánica y hortalizas en hidroponía. Además de la agricultura en la comunidad hay talleres mecánicos, un supermercado, pequeños restaurantes (sodas) y una mueblería.

Su microempresa se dedica a la actividad lechera, produce leche y sus derivados, los cuales vende en la comunidad y alrededores. Sus clientes se muestran muy satisfechos al poder adquirir productos frescos y elaborados en un ambiente de confianza por una persona de la localidad.

Afirma que siempre ha tenido vacas y terneros, por lo tanto conoce bien acerca de los cuidados y atención que se les debe dar a los animales para que produzcan en forma eficiente. Sin embargo, no fue hasta hace cinco años que tomó la actividad como una microempresa.

Toda microempresa tiene la necesidad de crecimiento, por lo que requiere invertir ¢650,000 (seiscientos cincuenta mil colones) en la compra de una vaca y un ternero, para poder incrementar su producción e ir satisfaciendo la demanda. Esto ayudará notablemente a mejorar su condición de vida y la de su familia.

Don Cecilio es cliente de la Empresa de Crédito Comunal Bancruce una de las 100 organizaciones socias de EDESA en Costa Rica este es su primer crédito y espera poder concretarlo con éxito.

Additional Information

More information about this loan

As a small and relatively young MFI located in Costa Rica, EDESA has difficulty attracting other sources of capital. Many other microfinance funders do not work in Costa Rica, because overall the country is too rich. However, organizations such as EDESA work with extremely marginalized populations in Costa Rica that really need the access to capital that EDESA provides. By funding EDESA, Kiva lenders are allowing the organization to grow and reach more people than they otherwise would be able to reach.

About Costa Rica

  • $11,100
    Average annual income
  • 17
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 570.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Cecilio compra de una vaca lechera y un ternero.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010