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Grettel Yadira
Grettel is a 40-year-old woman who lives with her husband and son in a community called Cimarrón de Santa Teresita de Turrialba, in Cartago province. This is a small rural community of around 2,000 inhabitants. The local people work in milk production and farming. The area has an uneven terrain and much of the land remains a humid, tropical forest. Cimarrón is located approximately one and a half hour's bus ride away from Turrialba, the nearest trade center. However, sometimes during the year the road becomes impassable due to rain.

For several years, Grettel has wanted to improve her dairy. She has the premises she needs to carry out her business but she lacks the capital needed for her business to do well. Her goal is to sell her products to the neighbors in her community. This project is of great interest to her.

Grettel is requesting a micro loan for 500,000 colones to buy a cow. She hopes that this will help her to grow her business and improve both her own quality of life as well as that of her family.

Grettel is a member of the 'Nuevas Esperanzas para Cimarrón' (New Hope for Cimarrón) Community Loan Company, one of 110 member organizations of EDESA in Costa Rica. This will be her first loan and, with it, she hopes to continue growing both on a personal and financial level. She will also take an active part in her community's loan organization.
View original language description ↓
Grettel es una señora de 40 años de edad que vive con su esposo y su hijo en una comunidad llamada Cimarrón de Santa Teresita de Turrialba, provincia de Cartago. Es una pequeña comunidad rural de aproximadamente dos mil habitantes. Sus pobladores se dedican a la producción de leche y la agricultura. Tiene un relieve irregular y mucho del terreno se mantiene como bosque tropical húmedo. Cimarrón se localiza aproximadamente a hora y media en bus de Turrialba, el centro de comercio más cercano. Sin embargo, varias veces al año el camino se vuelve intransitable por las lluvias.

Desde hace varios años que Grettel ha querido mejorar su lechería, ella cuenta en estos momentos con el local para la actividad a la que se dedica, pero le falta lo principal para que su negocio surja y el proposito es vender sus productos a los vecinos de su comunidad. El proyecto le es muy interesante.

Actualmente Grettel está solicitando un micro crédito de ¢500.000 (quinientos mil colones) para la compra de una vaca. Con esto el espera hacer crecer su negocio y mejorar tanto su calidad de vida como la de su familia.

Grettel es socio de la Empresa de Crédito Comunal Nuevas Esperanzas para Cimarrón, 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

  • $11,100
    Average annual income
  • 15
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 503.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Grettel Yadira to buy a cow.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 22, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014