He has a ranch in Santa Fe de Alajuela, but at this time it is not in the best condition for raising his calves. Because of this, Reynaldo needs a loan of ₡604,000 (six hundred and four thousand colones) to buy materials such as wire, grass seed and staples, as well as other supplies which he needs to maintain his property.
He is a member of the Manantial de Santa Fe communal bank, one of the 100 member organizations of EDESA in Costa Rica.
El tiene una Finca en Santa Fe de Alajuela, pero en este momento no se encuentra en las mejores condiciones para criar a sus terneros. Es debido a eso que Don Reynaldo necesita un préstamo de ₡604 000(seiscientos cuatro mil colones) para la compra de materiales como alambres, semilla de pasto y grapas, además de otros insumos que necesita para el mantenimiento de su propiedad.
El es socio de la Empresa de Crédito Comunal Manantial de Santa Fe, una de las 100 organizaciones socias de EDESA en Costa Rica.
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.
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