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Mario Enrique
Mario is 23 years old and lives with his family in the community of Santa Teresita in the province of Cartago. The city of Cartago was founded in 1563 by the Spanish conquistador Juan Vázquez de Coronado. It acted as the capital of Costa Rica until 1823 and was the seat of the first permanent international court in world history, the Corte de Cartago [Court of Cartago]. Its mountainous relief is formed by two mountain ranges, the Central range and the Talamanca range.

For a few years Mario has worked in cattle farming, specifically in milk production. He sells his products to his neighbors in the community, who are very satisfied with the quality of the products he offers. In his case in particular, currently the demand is greater that what he is able to offer. Mario considers that thanks to the progress of this project he and his family have improved their living conditions little by little and have managed to be players in the development of the community.

Currently Mario wants to get a micro-loan of 600,000 CRC (six hundred thousand colones) to buy a cow and so be able to increase production. He knows that having a greater number of cows is a greater sacrifice and will demand more work. Nevertheless the desire to be a successful micro-entrepreneur and getting his family ahead by improving their living conditions motivates him to make an effort with great care.

Mario is part of the El Sauce de Santa Teresita Turrialba communal bank, one of the 150 member organizations of EDESA in Costa Rica. This will be his first loan and he says that with it he hopes to be able to continue growing as a micro-entrepreneur and to get his business ahead. He also stresses that thanks to this type of organization and means of facilitating credit he is able to dedicate more time to productive activities.
View original language description ↓
Mario tiene 23 años de edad y vive con su familia en la comunidad de Santa Teresita, en la provincia de Cartago. La Ciudad de Cartago fue fundada en 1563 por el conquistador español Juan Vázquez de Coronado, fungió como capital de Costa Rica hasta 1823 y fue sede de la primera corte internacional permanente de la historia mundial, la Corte de Cartago. Su relieve montañoso está formado por dos cordilleras: la Central y la cordillera de Talamanca.
Desde hace unos años Mario 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. Mario considera que gracias al progreso de este proyecto, él y su familia han mejorado poco a poco sus condiciones de vida y ha logrado ser actores en el desarrollo de la comunidad.
Actualmente Mario desea obtener un microcrédito por ¢600.000 (seiscientos mil colones), para comprar una vaca y así poder incrementar la producción. El 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.
Mario forma parte de la Empresa de Crédito Comunal de El Sauce de Santa Teresita Turrialba, una de las 150 organizaciones socias de EDESA en Costa Rica. Este será su primer 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
  • 8
    View loans »
    Costa Rica Loans Fundraising
  • $3,979,500
    Funds lent in using Kiva
  • 501.7
    Costa Rica Colones (CRC) = $1 USD