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William Gerardo
William is 32 years old and lives with his wife and children in Las Bonitas de Plantanares, which is located in Pérez Zeledón in the province of San Jose. It is an agricultural area. The inhabitants of this region are mainly coffee growers and dual purpose livestock farmers.

William says that having the support and help of his wife makes it easy to continue with the project. He also says that he finds the project very interesting because he has seen his business grow slowly and demand get stronger. He also says that the residents of Las Bonitas de Plantanares are pleased with the service provided.

Mr William is currently asking for a loan of ¢600,000 (six hundred thouand colones) (CRC) to buy pigs for fattening, to get better results with his project.

Mr William is a member of the Empresa de Crédito Comunal de las Bonitas, one of the 110 member organisations of EDESA in Costa Rica. With this loan he expects to grow both personally and economically. He notes that thanks to these kinds of microfinancing organisations he can devote more of his time to productive activites. He has access to more information and credit both of which are difficult to obtain from banking institutions.
View original language description ↓
William es un señor de 32 años de edad el cual vive con su esposa e hijos, en una comunidad llamada Las Bonitas de Platanares, localizada en Pérez Zeledón esto en la provincia de San Jose. Es una zona donde se presenta la actividad agropecuaria, los habitantes de la región en su mayoría son productores de café y de ganado doble propósito.

Dice que tener el apoyo y la ayuda de su esposa le facilita seguir con el proyecto. Además dice que el proyecto le es muy interesante ya que ha visto como poco a poco su negocio crece y la demanda cada vez es más fuerte y que los vecinos de la comunidad se han sentido satisfechos con el servicio brindado.

Lo que en estos momentos solicita don William es un micro crédito de ¢600,000(seiscientos mil colones), para compra de cerdos para engorde, para obtener un mejor resultado en su proyecto.

Don William es socio de la Empresa de Crédito Comunal de las Bonitas, una de las 110 organizaciones socias de EDESA en Costa Rica. Con este préstamo se espera crecer más a nivel personal y económico. También destaca que gracias a este tipo de organizaciones y medios facilitadores de crédito puede dedicar más tiempo a las actividades productivas, y se tiene más información y acceso a créditos ya que con las entidades bancarias es muy difícil.

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
  • 20
    View loans »
    Costa Rica Loans Fundraising
  • $4,363,200
    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 William Gerardo to buy pigs for fattening.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 23, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2012