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Jordan
Jordán H. Briseño is a young man of twenty-three years who lives with his wife and five children in the community of Hernández, which is in the province of Alajuela. Since he was young he has earned his living producing and selling milk.

Through his work Jordán has succeeded in bringing success to his whole family. However, he has to increase milk production because two of his children are about to start school and he needs money to pay for it, so he is seeking a loan for 599,000 colones to buy two young milk cows.

Jordán belongs to Empresa de Crédito Comunal Unidos por un Desarrollo [United for Development Municipal Credit Enterprise], one of EDESA's one hundred organizations in Costa Rica. This will be his second loan and he is very excited about the opportunity this type of organization provides.
View original language description ↓
Jordán H. Briseño es un joven de 23 años de edad el cual vive con su esposa y sus 5 hijos en una comunidad llamada Hernández localizada en provincia de Alajuela; desde joven el se ha dedicado a la producción y venta de leche.

Por medio de su negocio ha logrado sacar adelante a toda su familia. Sin embargo el necesita aumentar la producción de leche ya que 2 de sus hijos van a iniciar el colegio y necesita dinero para pagar sus estudios, es por eso que Jordán solicita un préstamo de ¢599,000 (quinientos noventa y nueve mil colones) para la compra de de 2 vaquitas lecheras.

El 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 segundo préstamo y esta muy motivado por la oportunidad que le brinda este tipo de organizaciones.

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
  • 56
    View loans »
    Costa Rica Loans Fundraising
  • $4,320,650
    Funds lent in using Kiva
  • 499.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jordan to buy cattle.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Sep 20, 2010
Listed
Sep 18, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012