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Edgar Cecilio
Edgar is a 37 years old man who lives with his family in a rural community in Costa Rica called Mollejones de Platanares, Pérez Zeledón. Mollejones is a community located 150 miles south of the province of San José, capital of Costa Rica. It is 850 meters above sea level. There they grow vegetables and coffee and also engage in activities such as raising cattle and hogs for meat. There are also some projects of organic farming and growing vegetables in mineral rich water instead of soil (hydroponics). In addition to agriculture in the community, there are mechanic shops, a supermarket, small restaurants (known as sodas, which are usually a combination of a family run restaurant, and a convenience store that sometimes doubles as a bar or disco after the sun goes down) and a furniture store.

For some time Edgar has been devoted to coffee growing and now has a farm of two hectares. He says that since the project began, the results have been good, as the project has been widely accepted in their community and the revenues generated have helped his family get ahead.

Right now Edgar is requesting a loan of ¢600,000 (six hundred thousand colones) to buy more seedlings and inputs he needs for his coffee farm. With this loan, he hopes that his microenterprise grows to generate more income to improve their living conditions.

Edgar is part of the Communal Bank, "Empresa de Crédito Comunal de Bancruce," one of 150 partner organizations of EDESA in Costa Rica. As a member, Edgar has received a loan that has allowed him to grow as a small businessman.
View original language description ↓
Edgar es un señor de 37 años de eded, 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 Edgar se dedica a la siembra de café y en este momento cuenta con una finca de dos hectáreas. 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 Edgar es solicitar un préstamo por ¢600,000 (seiscientos mil colones) para comprar de más almacigo e insumos que necesita para su finca de café. Con esto espera que su microempresa crezca y llegue a generar más ingresos para mejorar su condición de vida.
Don Edgar forma parte de la Empresa de Crédito Comunal de Bancruce una de las 150 organizaciones socias de EDESA en Costa Rica. Como socio ha recibido un microcrédito que le han permitido crecer como microempresario.

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
  • $4,191,025
    Funds lent in using Kiva
  • 509.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Edgar Cecilio to grow coffee.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2011
Listed
Oct 24, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 30, 2014