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Victor Manuel
Victor Manuel is a 47 year old man who lives with his wife and children in a community called Upala de San Carlos in the Alajuena province. There are five national parks in Alajuela, one national reserve of wildlife, five protected areas and several forrest reserves. Also in the province is the Juan Santamaría Museum, which displays locally made artwork. This area is first in the national for coffee and sugarcane production.

For three years Victor Manuel has made a living raising livestock, and right now he has a farm, but he doesn't have the money he needs for his business to prosper and for the neighbors in his community to benefit.

Right now Victor Manuel is asking for a micro loan of 400,000 colones for the purchase of four male fattening calves. With this he hopes to expand his business improve his quality of life as well as that of his family.

Victor Manuel is a member of the Communal Credit of Delirio Company, one of the 150 social organizations of EDESA in Costa Rica. This will be his first loan and with it he hopes to continue growing on a personal and economic level, on top of participating actively in the credit organization in his community.
View original language description ↓
Víctor Manuel es un señor de 47 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 tres años que Víctor Manuel se dedica a la ganadería, ya que cuenta en estos momentos con una finca, pero le falta lo principal para que su negocio surja y para que los vecinos de su comunidad se vean beneficiados.

Actualmente Víctor Manuel está solicitando un micro crédito de ¢400.000 (cuatrocientos mil colones) para la compra de cuatro terneros machos de engorde. Con esto el espera hacer crecer su negocio y mejorar tanto su calidad de vida como la de su familia.

Víctor Manuel es socio de la Empresa de Crédito Comunal de Delirio, una de las 150 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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 506.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Victor Manuel to purchase livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2012
Listed
Jan 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013