Miguel has been a farmer his whole life and now he is solely farming bananas. He is requesting a loan for 200,000 colones to buy the supplies he needs to maintain his banana plantation.
Miguel is a member of the La Trinchera Community Loan Company, one of EDESA's 110 member companies in Costa Rica.
El es agricultor de toda la vida, y ahorita está dedicado únicamente al producto del plátano, es por eso que don Miguel solicita un préstamo de $200 000 (doscientos mil colones) para la compra de los insumos necesarios para el mantenimiento de su plantación de plátano.
El es socio de La empresa de Crédito Comunal La Trinchera, 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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