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Reinaldo is a farmer who is well-known in the District of Pilas in Pérez Zeledón. He has a farm where he grows corn and beans. However, he wants to secure and improve production. Even though demand for his products is high, competition still exists. For this reason, he is requesting a loan of 500,000 CRC in order to buy compost, herbicides, and insecticides. Reinaldo wants to maintain production and offer a better product to his customers.

He 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.

View original language description ↓

Reinaldo es un agricultor muy conocido de la zona de Pilas en Pérez Zeledón.
El tiene una finca sembrada de maíz y frijoles, sin embargo necesita asegurar y mejorar su producción ya que a pesar de que la demanda es alta, hay competencia. Por eso el desea un préstamo de ₡500 000 (quinientos mil colones) para la compra de abonos, herbicidas e insecticidas. Reinaldo desea mantener su producción, y ofrecer el mejora producto al cliente.
El es socio de la empresa de Crédito Comunal La Danta S.A 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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,501,700
    Funds lent in using Kiva
  • 495.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Reinaldo to purchase compost, herbicides, and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 24, 2011
May 26, 2011
Currency Exchange Loss:
Dec 6, 2011