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Edwin
Edwin is a 56-year-old man who lives with his family in a rural community of Costa Rica called Mollejones de Platanares, Pérez Zeledón. Mollejones is a community located 150 kilometers to the south of the province of San José, the capital of Costa Rica. It is 850 meters above sea level. There they grow vegetables and coffee, and also do other work such as raising cattle and pigs for fattening. There are also other projects of organic agriculture and hydroponic vegetables. In addition to agriculture, in the community there are auto repair shops, a supermarket, small restaurants (coffee bars), and a furniture store.

Edwin has worked in a pigsty for three years. Since he began this project the results have been good because he has had great success in the community, and the income he has generated has helped him get his family ahead.

What Edwin wants now is to request a loan of 400,00 CRC to buy pigs and feed, which he needs for his pig-raising project. With this he hopes that his small business grows and comes to generate more income to improve his living conditions.

Edwin is part of Empresa de Crédito Comunal de Bancruce, one of the 150 member organizations of EDESA in Costa Rica. As a member it has received a micro-loan that allowed them to grow as small business entrepreneurs.
View original language description ↓
Edwin es un señor de 56 años 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 3 años Edwin se dedica a una porqueriza. Desde que inició este 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 Edwin es solicitar un préstamo por ¢400,000 (cuatrocientos mil colones) para comprar cerdos y alimento, que necesita para su proyecto de porcicultura. Con esto espera que su microempresa crezca y llegue a generar más ingresos para mejorar su condición de vida.

Edwin 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 microempresarios.

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
  • 59
    View loans »
    Costa Rica Loans Fundraising
  • $4,320,650
    Funds lent in using Kiva
  • 499.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Edwin to buy pigs and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Jan 3, 2012
Listed
Dec 19, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2012