Check out some available loans that are similar to this one!
Alejandro
Alejandro García is a 56 year old man living with his wife and three children in Hernández, a community located in Los Chiles, in the Alajuela province; this mountain area community, characterized by beautiful sceneries and a high humidity rate, is located along a highway and very close to the northern border of our country. Its main economic activities are stockbreeding and agriculture, notably the sowing of basic grains, tubers and oranges.

Alejandro and his family have always engaged in cattle farming making the most of both the meat and the milk productions. He thinks this is a good activity as the demand is fairly high in the community, and his products, milk in particular, are currently selling very well.

He believes that he and his family have improved their life conditions little by little thanks to the progressing of this activity, and he hopes to keep on doing so.

Alejandro is actually requesting a loan of 609.000 Costa Rican colones to buy impregnated cows in order to increase his milk production. He knows that owing a higher number of cows means more sacrifices and will require more work, but he is certain he will get by.

Alejandro is a member of the Empresa de Crédito Comunal Unidos por un Desarrollo (United for Development Communal Bank), one of the 100 member organizations of EDESA in Costa Rica. This is his first loan: he is very happy to be a member of this kind of organization, as it will offer him the tools he needs to reach his goals.
View original language description ↓
Alejandro García es un señor de 56 años de edad el cual vive con su esposa y tres hijos 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.

Alejandro y su familia siempre se han dedicado a la ganadería de doble propósito aprovechando tanto la carne como la producción de leche. Comenta que es muy buen negocio ya que la demanda es bastante grande alta en la comunidad, y hoy en sus productos se venden a buen precio en especial la Leche

El considera que gracias al progreso de este negocio él y su familia han mejorado poco a poco sus condiciones de vida y espera seguir haciéndolo.

Actualmente don Alejandro desea obtener un microcrédito por ¢609.000 (seiscientos nueve mil colones), para comprar vacas aumentadas con el fin incrementar la producción de leche. El sabe que contar con un mayor número de vacas más es un mayor sacrificio y demandará más trabajo. Pero esta seguro saldrá adelante

Alejandro es socio 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 asegura estar muy feliz de ser socio de este tipo de organizaciones ya que le ofrecerá las herramientas necesarias para alcanzar sus metas.

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
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,023,725
    Funds lent in using Kiva
  • 508.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Alejandro to buy cattle-.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 23, 2010
Listed
Jul 24, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2013