Check out some available loans that are similar to this one!
María Teodora
María Teodora is a 52 year old woman who lives with her two children in a small rural community of Costa Rica called San José de Upala, in the Alajuela province. Common activities in this area are trade, livestock farming for both meat and dairy, and agriculture.


María has been a livestock farmer for meat and dairy for the last twenty years. She says that she makes the most of the calves by selling them but that, for the most part, she focuses on producing milk, cheese, and other dairy products. She sells these both in her own community and in neighboring towns, and in her opinion she has a good market both for selling to middlemen and directly to the public.


María thinks that, thanks to the success of this business, her living conditions have improved considerably, and she also comments that since starting her business her self esteem has improved and now she feels very capable. She says that she has grown a lot both personally and professionally.
What María wants now is a microloan of $550 to buy three more steers so that she can increase her production and ensure that her business grows and moves forward.


María is a member of the microcredit organization Empresa de Crédito Comunal de Mujeres la Esperanza which is available only for women and which specializes in supporting non-professional women and women who are heads of their households. This is one of the 100 member organizations of EDESA in Costa Rica. This will be her fourth loan and with it she hopes to continue growing personally and economically and to participate actively in the credit organization in her community.

View original language description ↓
María Teodora O. Z. es una señora de 52 años de edad, quien vive con sus dos hijos, en una pequeña comunidad rural de Costa Rica llamada San José de Upala, localizada en la Provincia de Alajuela. Ahí se desarrollan actividades como el comercio, ganadería de doble propósito (carne y le che) y agricultura.

Doña María se dedica a la ganadería doble propósito desde hace 20 años. Dice ella que aprovecha los terneros para venderlos pero que mayormente se enfoca en la producción de leche, queso y otros derivados; los cuales vende tanto en su comunidad como en lugares vecinos, que según su criterio, hay un excelente mercado ya sea por medio de venta a intermediarios o al público directamente.
Doña María considera que gracias al progreso de este proyecto, sus condiciones de vida han mejorado mucho, también comenta que desde que inicio con el negocio su autoestima ha mejorado y ahora se siente muy capaz, dice que ha crecido mucho a nivel personal y profesional.

Lo que desea en estos momentos doña maría es un microcrédito por ¢300,000 (trescientos mil colones) para la compra de 3 novillos más ya que así podrá aumentar su producción y hacer q su negocio crezca y salga adelante.

Doña María es socia de la Empresa de Crédito Comunal de Mujeres la Esperanza; la cual está integrada solo por mujeres, ya que se especializa en apoyar a mujeres no profesionales y jefas de hogar, es una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su cuarto préstamo y con él espera continuar creciendo a nivel personal y económico además de participar activamente en la organización de crédito en su comunidad.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    Funds lent in using Kiva
  • 566.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped María Teodora to buy three steers.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2009
Listed
Nov 11, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012