This is where he grows vegetables and coffee. He also engages in other business activities like raising and fattening livestock and pigs. There are also other organic farming and hydroponic vegetable projects. In addition to the farming in the community there are mechanics shops, a supermarket, small restaurants (soda), and a furniture store.
Eugenio has devoted himself to farming for some time. He says that since he started the project the results have been very good. He has been widely accepted in his community, and the income it has generated has helped him get his family ahead.
Eugenio is now requesting a loan for ¢600,000 (six hundred thousand colones) in order to buy chickens, feed, and equipment that he needs for his poultry farming. With the loan he hopes that his small business will grow and come to generate more income in order to improve his living conditions.
Eugenio is part of the Empresa de Crédito Comunal de Bancruce, one of the hundred member organizations of EDESA in Costa Rica. As a member he has received a loan that has allowed him to grow as a businessman.
Desde hace algún tiempo Don Eugenio se dedica a su granja agrícola. 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 Eugenio es solicitar un préstamo por ¢600,000 (seiscientos mil colones) para comprar gallinas, alimento y equipo, que necesita para su proyecto de avicultura. Con esto espera que su microempresa crezca y llegue a generar más ingresos para mejorar su condición de vida.
Don Eugenio 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.
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