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Rocio
Roció N. Cerdas, age 31, lives with her husband and two children in a rural community in Costa Rica. The community is located 45 kilometers to the south of San José, and it is called San Cristóbal Norte.

San Cristóbal is an area that is a bit mountainous, and the people engage in activities such as commerce; growing vegetables, coffee, and others; handicrafts; livestock; and many other activities.

Roció has devoted her entire life to planting and selling agricultural products, especially tubers like potatoes and yucca. These products are consumed a lot in this area and around the country. With the business, Roció and her family have generated the resources to have a better quality of life.

She assures us that in time her business has been growing in such a way that the demand is greater than her production capacity. That is why she is requesting a loan for 617,000 colones. This is to build a structure that will support the machine to wash the potatoes, which they also need to finance with the loan. This will speed up the washing process, and their production will be more effective.

Roció is a member of the Business of Communal Credit San Cristóbal Norte (SACRIN), one of the 100 associated organizations of EDESA in Costa Rica. She has had five loans, and she has paid them back responsibly.
View original language description ↓
Roció N. Cerdas es una señora de 31 años de edad, ella vive con su esposo y 2 hijos en una comunidad rural de Costa Rica situada 45 kilómetros al sur de San José llamada San Cristóbal Norte. San Cristóbal es una zona un poco montañosa donde se desarrollan actividades como el comercio, agricultura de hortalizas, café y otros, artesanía, ganadería y muchas otras actividades.

Doña Roció se dedicado toda su vida a la siembra y comercialización de productos agrícolas, en especial tubérculos como la papa y la yuca. Los cuales son productos muy consumidos en esta zona y alrededor del país. Con el negocio Doña Roció y su familia han generado los recursos para tener una mejor calidad de vida.

Ella asegura que con el tiempo el negocio ha ido creciendo de tal manera que la demanda es mayor a la capacidad de su producción, es por eso que ella solicita un crédito de ¢617,000 (seiscientos diecisiete mil colones) para construir la estructura que sostiene la máquina de lavado de papas que también necesitan financiar con el préstamo. Con esto agilizaran el proceso de lavado y así su producción será más efectiva.

Doña Roció es socia de la Empresa de Crédito Comunal San Cristóbal Norte (SACRIN), una de las 100 organizaciones socias de EDESA en Costa Rica. Ha recibido 5 microcréditos y los ha cancelado responsablemente.

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
  • 14
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 514.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rocio build an infrastructure for a machine to wash potatoes.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 11, 2010
Listed
May 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012