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Francis
Francis J. M. is a young 21 year old woman who lives with her husband in Hernández, a community located in Los Chiles, in the province of Alajuela. This area stands out for being a mountainous area with great landscapes and a lot of humidity. It’s situated near the highway located near the northern border of the country. The primary economic activities are ranching and farming of primarily basic grains, tubers and oranges.


For the last six months, Francis has been raising pigs. She sells her products to community neighbors who seem to be very satisfied with the quality of the products. She mentions that since she started this project she has felt very happy since her business is growing every day.


Francis is requesting a loan of ¢ 670,000 colones to buy more pigs as well as to buy food and other supplies needed for this project as well as to buy materials to improve the animals’ shelter if possible. With this investment, she hopes her micro business will get stronger and grow more, attract more clients and offer them better products. All of this will help her quality of life and the quality of life of her family.


Francis is a member of “por un Desarrollo” Community Credit Enterprise, one of EDESA’s 100 member organizations in Costa Rica. This will be her first loan and she hopes to grow more at both a personal and an economic level. She also stresses that she is thankful for this organization and the way it facilitates loans so she can dedicate more time to productive activities.

View original language description ↓
Francis J. M. es una joven señora de 21 años de edad la cual vive con su esposo en una comunidad llamada Hernández localizada en Los Chiles, provincia de Alajuela; está comunidad se destaca por ser una zona montañosa con grandes paisajes, presenta una gran humedad y además se encuentra sobre la carretera 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, tubérculos y naranja.

Desde hace aproximadamente seis meses que Francis se dedica a la cría de cerdo para engorde. Ella vende sus productos a los vecinos de la comunidad, quienes se muestran muy satisfechos por la calidad de estos. Comenta que desde que inició el proyecto se ha sentido muy feliz puesto que su negocio día con día crece.

Actualmente Francis está solicitando un microcrédito de ¢ 670,000 (seiscientos setenta mil colones) para la compra de más cerdos para engorde, así como compra de alimento y otros insumos necesarios para este fin y compra de materiales para mejorar el local donde están los animales y si es posible. Con esta inversión espera que su microempresa se fortalezca y crezca más, para poder atraer a más clientes y ofrecerles mejores productos. Todo esto ayudará a mejorar sus condiciones de vida y las de su familia.

Francis es socia de la Empresa de Crédito Comunal Unidos por un Desarrollo, 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
  • 12
    View loans »
    Costa Rica Loans Fundraising
  • $4,059,650
    Funds lent in using Kiva
  • 558.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Francis to buy pigs.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Dec 3, 2009
Listed
Nov 25, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013