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Miguel
Miguel is from the community of Trinchera. He is known as being a person who likes to work together with his community.

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.
View original language description ↓
Miguel es de la comunidad de la Trinchera, es conocido por ser una persona que le gusta cooperar con la comunidad.
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.

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
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 501.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Miguel to buy fertilizers for his plantation.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013