Edgar has been growing coffee for some time. He says that since he started this project his results have been good as he has had good acceptance in his community and the income he has made has helped him to get his family ahead in life.
Right now, what Edgar wants is to request a loan for 500,000 to buy more seedbeds and fertilizers, and to pay laborers who he needs to work on his coffee plantation. With this help, he hopes that his micro-business will grow and that he will manage to make more income in order to improve his living conditions.
Edgar is a member of the Bancruce Community Loan Company, one of EDESA's 100 member organizations in Costa Rica. As a member, he has received a micro-loan which has enabled him to grow as a micro-businessman.
Desde hace algún tiempo Edgar se dedica a la siembra de café. Dice que desde que inició el proyecto los resultados han sido buenos, ya que ha tenido una gran aceptación en su comunidad y los ingresos que ha generado lo han ayudado a sacar adelante a su familia.
En estos momentos lo que desea Don Edgar es solicitar un préstamo por ¢500,000 (seiscientos mil colones) para comprar de más almacigo, fertilizante y mano de obra que necesita para su finca de café. Con esto espera que su microempresa crezca y llegue a generar más ingresos para mejorar su condición de vida.
Don Edgar forma parte de la Empresa de Crédito Comunal de Bancruce una de las 100 organizaciones socias de EDESA en Costa Rica. Como socio ha recibido un microcrédito que le han permitido crecer como microempresarios.
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
9View loans »
Success!! The loan was 100% repaid