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Jose
Jose Martínez Mate lives in the community of Cimarrón in Cartago, and he has been working in the area of milk production all of his life.

Now he wants to increase his milk production, and to do this he needs a loan of 500,000 Costa Rican colones to buy another dairy cow.

With this investment Jose hopes to increase both the quantity and quality of his production, and in this way improve the quality of life for his family.

Jose is a member of the "Nuevas Esperanzas para Cimarrón" Communal Finance Institution, one the 110 organizations that are members of EDESA in Costa Rica
View original language description ↓
Jose Martínez Mate vive en la comunidad de Cimarrón en Cartago, y se ha dedicado toda si vida a la producción de leche.
El en este momento desea aumenta la producción de leche y para que necesita un préstamo de ₡ 500 000 (quinientos mil colones) para la compra de una vaquita mas.
Con esto don Jose espera aumentar su producción y así mejorar la calidad y cantidad de su producción para mejorar la vida de su familia.
El es socio de la Empresa de Crédito comunal Nuevas Esperanzas para Cimarrón una de las 110 empresas socias de EDESA en Costa Rica.

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

  • $12,900
    Average annual income
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    Funds lent in using Kiva
  • 496.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Jose to buy a dairy cow.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 3, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014