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Edgar Gerardo
Edgar is a 49 year-old man who lives with his family in a rural community of Costa Rica called Mollejones de Platanares, Pérez Zeledón. Mollejones is a community which is located 150 kilometers to the south of San José province, the capital of Costa Rica. It is 850 meters above sea level. People there grow vegetables and coffee. They also work in other business activities such as raising and fattening cattle and pigs. There are some organic farming projects and vegetables grown by hydroponics. In addition to farming, there are auto repair shops, a supermarket, small restaurants (soda bars) and a furniture store in the community.

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.
View original language description ↓
Edgar es un señor de 49 años el cual vive con su familia en una comunidad rural de Costa Rica llamada Mollejones de Platanares, Pérez Zeledón. Mollejones es una comunidad ubicada a 150 kilómetros al sur de la Provincia de San José, la capital de Costa Rica. Se encuentra a 850 metros sobre el nivel del mar. Ahí se cultivan hortalizas, café y además se desarrollan otras actividades como la crianza de ganado de engorde y de cerdos. Existen también algunos proyectos de agricultura orgánica y hortalizas en hidroponía. Además de la agricultura en la comunidad hay talleres mecánicos, un supermercado, pequeños restaurantes (sodas) y una mueblería.

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.

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

  • $11,100
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 501.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Edgar Gerardo to buy a seedbed and fertilizer, and to pay laborers.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 3, 2011
Listed
Jul 26, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013