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Cecilia
Cecilia F., 55, lives with her 83-year-old mother in a Costa Rican community called Buena Vista de Rivas de Pérez Zeledón. This community is located in the Valle del General, where the principle economic activities are cattle, agriculture, tourism, and commerce. Tourism has grown greatly, bringing new opportunities for work.

Due to the growth of rural tourism in the area, Cecilia has decided to take advantage of a beautiful waterfall on her farm and create a tourist complex near it. She is sure the project will be a success as the waterfall is a tourist attraction. To begin the project, she will need a loan of 666,000 colons for the construction of tanks to raise trout. With this, she will use the natural resources of her land in a healthy and intelligent way.

Cecilia is a member of the VISTABAN communal bank, one of the 100 member organizations of EDESA in Costa Rica. This will be her first loan, but she is certain that, thanks to this type of organization that facilitates credit, her project will be a success.
View original language description ↓
Cecilia F. una señora de 55 años que vive con su madre de 83 años en una comunidad de Costa Rica llamada Buena Vista de Rivas de Pérez Zeledón; está comunidad se destaca por estar ubicada en el Valle del General. Sus principales actividades económicas son la ganadería, la agricultura, Turismo y comercio estos últimos han crecido en gran manera brindando nuevas oportunidades de trabajo

Debido al desarrollo del turismo Rural que ha tenido la zona de Perez Zeledon Doña Cecilia ha decido sacarle provecho a una hermosa Catarata que tiene en su finca, y crear un pequeño complejo turístico alrededor de ella.

Doña Cecilia están segura de que el proyecto será un éxito, ya que la Catarata es todo un atractivo turístico, para iniciar el proyecto ella necesita un préstamo de ¢666,000
(seiscientos sesenta y seis mil colones) para la construcción de los estanques para la cría de trucha. Con el que espera que explotar de una manera sana e inteligente los recursos naturales de sus terrenos.

Ella es socia de la Empresa de Crédito Comunal VISTABAN S.A, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer crédito, pero asegura que gracias a este tipo de organizaciones y medios facilitadores de crédito podrá tener éxito en su proyecto.

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
  • 16
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    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 Cecilia construction of trout hatchery.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 23, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 21, 2011