Jose has a farm that includes 15 hectares of land on which he grows ginger and “ñampi” (a tuber similar to taro root). These products sell for a very good price at the Costa Rican market. For this reason, he is requesting a loan of 400,000 CRC so that he can buy compost for cultivating these types of tubers. He hopes that his production is successful and that his income will improve.
Jose is a member of La Danta Communal Credit Enterprise, S.A., which is one of the 110 member organizations that make up EDESA in Costa Rica.
El tiene una finca de 15 hectáreas, y se ha dado cuenta el jengibre y el ñampi se está vendiendo a muy buen precio en el mercado costarricense. Es por eso que el quiere un préstamo de ₡400 000 (cuatrocientos mil colones) para la compra de abonos y para la siembre de este tipo de tubérculos.
El espera que su producción sea un éxito y así mejorar sus ingresos.
El es socio de la empresa de Crédito Comunal La Danta S.A una de las 110 empresas 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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