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María Del Carmen
Carmen G. C. is 55 years old and lives with her husband in a small Costa Rican rural community called Las Delicias de Upala, which is in the province of Alajuela. There she farms dual-purpose animals (cows can be used for meat and milk) and cultivates basic grains such as rice, beans, corn, etc.

For many years, Carmen and her husband have worked at this dual-purpose farming. They sell their products to their neighbors, who are very satisfied with the quality of the products offered. In this particular case, the demand is greater than what they can supply.

Thanks to this business, Carmen's life and the lives of her family members have improved greatly, so Carmen is now requesting a loan of 685,000 colones to purchase two more cows and a bull in order to increase production. She understands that more cows mean more time providing attention and care. All the same, she wants to be a successful micro-businesswoman and improve living conditions for herself and her family, which motivates her to work so hard.

Carmen is a member of the Empresa de Credito Communal Datraban, one of the 100 member organizations of EDESA in Costa Rica. This will be her first loan, and with it she hopes to continue growing personally and economically. Also of note is that thanks to this type of organization and other loan providers, she can dedicate more time to productive activities.
View original language description ↓
Carmen G. C. es una señora de 55 años de edad, quien vive con su esposo, en una pequeña comunidad rural de Costa Rica llamada Las Delicias de Upala, localizada en la Provincia de Alajuela. Ahí se desarrollan actividades como el comercio, ganadería de doble propósito (carne y leche), siembra de granos básicos: arroz, frijoles, maíz entre otros.

Desde hace ya varios años doña Carmen y su esposo se dedican a la ganadería de doble propósito. Logra vender sus productos a los vecinos de su comunidad quienes se muestran muy satisfechos con la calidad de los productos que ofrece. En su caso en particular, la demanda es mayor de lo que puede ofrecer actualmente.

Asegura que gracias a esté proyecto su vida y la de su familia han mejorado de gran manera por lo tanto lo que en estos momentos solicita doña Carmen es un micro crédito de ¢685,000 (seiscientos ochenta y cinco mil colones), para comprar dos vacas más y un torete y así poder incrementar la producción. Ella es conciente de que contar con mayor número de vacas implica una mayor atención y cuidado. Sin embargo, el deseo de ser una microempresaria exitosa y mejorar las condiciones de vida propias y las de su familia la motivan a esforzarse con gran esmero.

Doña Carmen es socia de la Empresa de Crédito Comunal Datraban, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y con él espera continuar creciendo a nivel personal y económico. También destaca que gracias a este tipo de organizaciones y medios facilitadores de crédito puede dedicar más tiempo a las actividades productivas.

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
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,022,575
    Funds lent in using Kiva
  • 578.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped María Del Carmen purchase cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jul 16, 2009
Listed
Jul 13, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010