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Irene Segunda Josefa
Irene, 80, is a woman who lives with her family in a rural community in Costa Rica called San Gabriel located in Yolillal, Upala in Alajuela Province. It is a rural community that is relatively large with semi-mountainous terrain in Costa Rica, Central America. Its main activities are basic grain farming and, to a lesser extent, animal husbandry.

Irene has been raising livestock for a few years now, specifically for milk production. She manages to sell her products to neighbors in her community who are very satisfied with the quality of the products she sells. Irene believes that thanks to this project’s progress, she and her family have gradually improved their living conditions and have been instrumental in their community’s development.

At present, Irene would like to obtain a micro loan for ¢500.000 (five-hundred thousand colones) to buy two cows to increase production. She knows that having a larger number of cows means more work and a greater sacrifice. However, the wish to be a successful micro businesswoman and to move her family forward improving their living conditions motivates her to expend the effort with great dedication.

Irene is part of the San Gabriel communal bank, one of EDESA’s 150 social organizations in Costa Rica. This will be the third loan and she says that she hopes with it to continue growing as a micro businesswoman and to move her business forward. She also points out that thanks to this type of organization and means of easing credit availability she’s able to dedicate more time to productive activities.
View original language description ↓
Irene es una señora de 80 años de edad, quien vive con su familia en una comunidad rural de Costa Rica llamada San Gabriel, localizada en Yolillal, Upala en la provincia de Alajuela. Es una comunidad rural con una extensión relativamente grande, con topografía semi-montañosa ubicada en Costa Rica, Centroamérica. Sus actividades principales son la agricultura de granos básicos, y en menor escala a la ganadería.
Desde hace unos años Irene se dedica a la ganadería, específicamente en producción de leche. Logra vender sus productos a los vecinos de su comunidad quienes se muestran muy satisfechos con la calidad de los productos que ofrece. En su caso en particular, la demanda es mayor de lo que puede ofrecer actualmente. Irene considera que gracias al progreso de este proyecto, ella y su familia han mejorado poco a poco sus condiciones de vida y ha logrado ser actores en el desarrollo de la comunidad. Actualmente Irene desea obtener un microcrédito por ¢500.000 (quinientos mil colones), para comprar 2 vacas y así poder incrementar la producción. Ella sabe que contar con mayor número de vacas más es un mayor sacrificio y demandará más trabajo. Sin embargo, el deseo de ser un microempresario exitoso y sacar adelante a su familia mejorando las condiciones de vida, lo motiva a esforzarse con gran esmero. Irene forma parte de la Empresa de Crédito Comunal de San Gabriel, una de las 150 organizaciones socias de EDESA en Costa Rica. Este será tercer crédito y dice que con el espera poder seguir creciendo como microempresario y sacar su negocio adelante. También destaca que gracias a este tipo de organizaciones y medios facilitadores de crédito puede dedicar más tiempo a las actividades productivas.

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
  • 33
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 497.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Irene Segunda Josefa to buy livestock.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014