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Pedro José
Pedro José M. Tellez is a 47 year-old gentleman who lives with his wife and son in a community called Santa Fe located in Los Chiles, province of Alajuela. This community is a mountainous area close to the northern border of our country. The main economic activities are livestock and agriculture, specifically sowing of basic grains, sugar canes, and oranges.


Since he was very young Don Pedro has been a livestock farmer, specializing in fattening livestock as a way of generating income for his family. He says he is pleased because this project has enabled him to get ahead.


Don Pedro requests a micro credit of 685,000 colones to buy more cows and thus increase the production. He is aware that having more cows represents more sacrifice and work, but he says that it will strengthen his project and he will become a successful micro-businessman.


Don Pedro is a member of the "Empresa de Crédito Comunal Manantial de Santa Fe", one of 100 organizations partners of EDESA in Costa Rica. This is his first loan and it will enable him to grow on a personal and economic level. He also points out that thanks to this kind of organizations and means to facilitate loans he can spend more time on productive activities.

View original language description ↓
Pedro José M. Tellez es un señor de 47 años de edad el cual vive con su esposa y su hijo en una comunidad llamada Santa Fe localizada en Los Chiles, provincia de Alajuela; está comunidad se destaca por ser una zona montañosa y por estar muy cerca de la frontera norte de nuestro país. Sus principales actividades económicas son la ganadería y la agricultura específicamente se da la siembra de granos básicos, caña de azúcar, naranja.

Don Pedro se ha dedicado desde muy joven a la ganadería, especialmente le saca provecho al ganado para engorde, ya que es una forma de generar ingresos para su familia. Dice estar muy contento porque gracias a este proyecto ha podido salir adelante.

Don Pedro desea obtener un micro crédito por un monto de ¢685.000 (seiscientos ochenta y cinco mil colones) para comprar más vacas y así aumentar la producción. El sabe que contar con más vacas es un mayor sacrificio y demandará más trabajo; pero dice que así podrá fortalecer más su proyecto y así llegará a ser un microempresario exitoso.

Don Pedro es socio de la Empresa de Crédito Comunal Manantial de Santa Fe, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y con él espera crecer más 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
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 581.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Pedro José purchase cows to be fattened.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Oct 16, 2009
Listed
Oct 14, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012