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Armando José
Armando R. F. is 26-year-old man. He lives with his wife and daughter in a rural community in Costa Rica called Mollejones de Platanares, Pérez Zeledón. Mollejones is a community located 150 kilometers south of the province of San José, the capital of Costa Rica. It is 850 meters above sea level. Vegetables and coffee are cultivated here, and they also carry out other activities such as raising cattle and pigs to fatten. There are also some organic agriculture projects and hydroponic vegetables. In addition to agriculture, there are also mechanic shops, a supermarket, small restaurants (called ‘sodas’), and a furniture store in the community.


Armando has worked in transport since he was 18 years old. His job is to travel around the country delivering merchandise with his truck. His work hours are very long and busy.


Because he has used his truck so much to travel, it has suffered different damages and it is not in very good condition. As a result, he is asking for a loan of 685,000 CRC for the repair and purchase of spare parts for his vehicle because if it is not in appropriate condition, he cannot do his job effectively.


Armando is part of the Bancruce Communal Finance Institution, one of the 100 partner organizations of EDESA in Costa Rica. This will be his first loan, but Armando emphasizes that thanks for this type of organization and their means for facilitating loans, he can dedicate more time to productive activities.

View original language description ↓
Armando R. F. es un señor de 26 años de edad. Vive con su esposa y su hija, 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.

Desde los 18 años Armando se ha dedicado al transporte. Su labor es viajar alrededor del país entregando mercadería con su camión, sus jornadas de trabajos son muy largas y atareadas.

Debido a tanto desplazamiento en su camión, este ha sufrido diferentes daños y no está en muy buenas condiciones, por lo cual Armando requiere un préstamo de ¢685,000 (seiscientos ochenta y cinco mil colones) para la reparación y compra de repuestos para su vehículo, ya que si no esta en condiciones apropiadas no puede realizar de forma efectiva su trabajo.

Armando forma parte de la Empresa de Crédito Comunal de Bancruce, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo pero Armando 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

  • $12,900
    Average annual income
  • 36
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    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 Armando José purchase of truck spare parts.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 22, 2009
Listed
Jul 13, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2011