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Santiago De Los Angeles
44-year old Santiago lives with his wife and children in the community of Upala de San Carlos in the province of Alajeula. There are five national parks, a reserve for wild animals, five protected areas, and several forest reserves in Alajeula. In addition, there is the Juan Santamaría Museum where locally made crafts are exhibited. The area is the most important in the country for the production of coffee and sugar cane.

Santiago has had his farm for several years on land that he inherited from his parents. He cannot afford to invest in his farm and make it more productive. He thinks the organization's plan to lend money is very interesting and will benefit both himself and his neighbours.

Santiago is seeking a loan of 500,000 colones to buy passionfruit seeds. In this way he hopes to increase production on his farm and also improve his own and his family's standard of living.

He is a member of the Delirio Community Bank, one of 110 organizations run by EDESA in Costa Rica. This will be his first loan. He hopes to continue to develop both on a personal and a financial level, and he plans also to participate actively in organizing loans within his community.
View original language description ↓
Santiago es un señor de 44 años de edad, el cual vive con su esposa e hijos, en una comunidad llamada el Upala de San Carlos, en la provincia de Alajuela. En Alajuela existen cinco parques nacionales, una reserva nacional de fauna silvestre, cinco zonas protectoras y varias reservas forestales. También en la provincia se ubica el Museo Juan Santamaría, el cual exhibe artesanías producidas localmente. Esta zona ocupa el primer lugar nacional en la producción de café y azúcar de caña.

Desde hace varios años que Santiago tiene este negocio de actividad agrícola, ya que cuenta en estos momentos con la 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. Dice que el proyecto le es muy interesante.

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

Santiago 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

  • $11,100
    Average annual income
  • 44
    View loans »
    Costa Rica Loans Fundraising
  • $4,189,875
    Funds lent in using Kiva
  • 500.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Santiago De Los Angeles to buy passionfruit seeds.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 2, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013