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Roy Gabriel
Roy is a 30-year-old man who lives with his wife and children in La Fuente, Cartago province. The main drainage system in this zone is the Reventazón River, which stems from the Cerro Cuericí. Due to the fertility of its volcanic and alluvial soil, Cartago is the population center whose main economic sources are agriculture and ranching.

Roy has had this dairy business for several years, and he now has property which he inherited from his parents. However, he does not have the necesary capital to build up his business and for the neighbours in his community to benefit. This project is very interesting for him.

Roy is now requesting a micro loan of ¢500.000 (five hundred thousand colons) for the purchase of construction materials for his dairy. In doing so, he hopes to expand his business, as his goal is to have a better place to work where he can settle down with his animals and improve his quality of life and that of his family.

Roy is a member of the Empresa de Crédito Comunal de Delirio, one of the 110 member organizations of EDESA in Costa Rica. This will be his first loan, and with it he hopes to continue growing on a personal and economic level, as well as participating actively in his community's credit organization.
View original language description ↓
Roy es un señor de 30 años de edad, el cual vive con su esposa e hijos, en la Fuente, en la provincia de Cartago. El principal sistema de drenaje de esta zona es el río Reventazón que nace en el Cerro Cuericí. Por la fertilidad de sus suelos volcánicos y aluviales, Cartago es el centro de población que tiene en la agricultura y ganadería sus principales fuentes económicas.

Desde hace varios años que Roy tiene este negocio del ganado lechero, ya que cuenta en estos momentos con el propiedad que le heredaron sus padres, pero le falta lo principal para que su negocio surja y para que los vecinos de su comunidad se vean beneficiados. El proyecto le es muy interesante.

Actualmente Roy está solicitando un micro crédito de ¢500.000 (quinientos mil colones) para la compra de materiales de construcción para su lechería. Con esto el espera hacer crecer su negocio, ya que su meta es tener un mejor lugar de trabajo donde se pueda instalar bien con sus animales y mejorar tanto su calidad de vida como la de su familia.

Roy es socio de la Empresa de Crédito Comunal de Delirio, una de las 110 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y con él espera continuar creciendo a nivel personal y económico además de participar activamente en la organización de crédito en su comunidad.

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
  • 36
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 504.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Roy Gabriel to build a dairy.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Sep 5, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 24, 2013