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Yerlin
Yerlin V. A. is a youth of 20 years of age who lives with her husband and her 2 children in a community called Santa Fe, located in Los Chiles in the Alajuela province. This community is in a mountainous region that is located very close to the northern border of the country. The main economic activities are livestock and agriculture, specifically the cultivation of staple grains, sugar cane and oranges.

A few years ago Yerlin was motivated by her father to develop her own business on a small plot of land that he had given her for an inheritance. Today she is cultivating yams, root vegetables that taste good, are rich in nutrients and are processed in large volume by the local agro-industry. There is great demand for this product in Costa Rica as well as in other countries.

Yerlin is now requesting a loan of 623,000 Costa Rican colones to help with the preparation of the soil by purchasing of seeds, fertilizers and other supplies that are needed to guarantee the optimal cultivation of yams.

Yerlin is a member of the communal bank "Manatial de Santa Fe," one of the 100 organizations that are members of EDESA in Costa Rica. This will be her first loan, and with it she hopes to improve her income and the quality of her production.
View original language description ↓
Yerlin V. A. es una joven de 20 años de edad la cual vive con su esposo y sus dos hijos en una comunidad llamada Santa Fe 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
Desde hace pocos años, doña Yerlin fue impulsada por su padre para que desarrollara su propio negocio en el pequeño terreno que él le había dado por herencia. Hoy ella se dedica a la siembra de Ñame, un tubérculo de agradable sabor, rico en nutrientes, de procesamiento agroindustrial amplio y de gran demanda tanto en Costa Rica como en otros países.
Actualmente Doña Yerlin está solicitando un préstamo de ¢623,000 (seiscientos veinte tres mil colones), para ayudarse con la preparación del suelo, compra de semillas, fertilizantes, entre otros insumos que sean necesarios para garantizar la siembra óptima del Ñame
Doña Yerlin es socia de la Empresa de Crédito Comunal Manantial de Santa Fe, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y con el espera mejorar sus ingresos y calidad de producción.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 519.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Yerlin to buy supplies to prepare the soil, and to cultivate yams.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 2, 2010
Listed
Jul 27, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 25, 2011