Check out some available loans that are similar to this one!
Eugenio
Eugenio, age 32, lives with his family in a rural community called called Mollejones de Platanares, Pérez Zeledón in Costa Rica . Mollejones is a community that is 150 kilometers to the south of San José province, the capital of Costa Rica. It is 850 meters above sea level.

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.
View original language description ↓
Eugenio es un señor de 32 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 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.

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
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,017,375
    Funds lent in using Kiva
  • 501.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Eugenio to buy chickens, feed, and equipment that he needs for his poultry farming.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 3, 2011
Listed
Jul 28, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 25, 2012