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Pedro
Pedro is a 42-year-old man who lives with his wife and their 4 children in a community called Caño Negro (Black Cane), located in Los Chiles, Alajuela province. This community is known for being mountainous and very close to the northern frontier of our country. Its principal economic activities are cattle raising and agriculture; specifically, basic grains, sugar cane, and oranges.

Pedro has been dedicated to agriculture all his life, but in recent years, he has specialized in fattening pigs. He says that this has gone well but for lack of resources, he hasn't been able to expand his business.

He wishes to obtain a micro loan for 666,000 colons to buy more pigs and to improve conditions of care and infrastructure. With this loan he hopes to supply the demand for pork that exists in his community, buying more pigs and improving the conditions of care. In this manner, he assures that his business will grow and thus, he can improve his own economic condition.

Pedro is a member of the Empresa de Crédito Comunal (Communal Credit Enterprise) Emcrecoba, one of the 100 member organizations of EDESA in Costa Rica. This will be his 3rd loan and he assures us that past loans have helped greatly to carry out his projects.
View original language description ↓
Pedro B. R. es un señor de 42 años de edad el cual vive con su esposa y sus cuatro hijos en una comunidad llamada Caño Negro 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 han dedicado toda su vida a la agricultura, pero en los últimos años se ha dedicado especialmente al engorde de cerdos. El dice que le ha ido bien pero que por falta de recursos no ha podido desarrollar su negocio.

El desea obtener un micro crédito por un monto de ¢666000 (seiscientos sesenta y seis mil colones) para comprar más cerdos y mejorar las condiciones de cuido e Infraestructura. Con este préstamo espera abastecer la demanda de carne de cerdo que hay en su comunidad comprando mas cerdos y mejorando las condiciones de cuido. De esta manera el asegura que su negocio crecerá y así podre mejorar sus condiciones económicas.


Don Pedro forma parte de la Empresa de Crédito Comunal Emcrecoba, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su tercer préstamo y asegura que le han ayudado muchísimo para llevar a cabo sus proyectos.

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
  • 24
    View loans »
    Costa Rica Loans Fundraising
  • $4,367,000
    Funds lent in using Kiva
  • 555.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Pedro bUYING PIGS AND IMPROVING CONDITIONS OF THEIR CARE.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 23, 2010
Listed
Apr 20, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2012