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Oldemar De Jesus
Oldemar is 50 years old and lives with his wife and children in a community called San Carlos, which belongs to the second province in Costa Rica, Alajuela. It is an area that is in first place in the national production of coffee and sugar cane. The area also produces basic grains (rice, beans, corn), fruits, legumes, tubers and vegetables. And this province is also the location of the Juan Santamaría International Airport, the largest in the country.

Several months ago, Oldemar got a small group of cattle to have greater financial stability, since he is a driver for a business and has been occupied with this work for almost his whole life. But now he needs to get more fully involved with livestock as his four children have begun to study. Oldemar needs to acquire more cattle to get more profits and thus be able to afford tuition fees for his children, to give them the opportunity to become great professionals.

At this point Oldemar is requesting ₡ 600,000.00 (six hundred thousand colones) to purchase two bulls "healthy and good looking" for his cattle, as he tells us.

Oldemar is a member of the Communal Bank Credit Company of San Francisco, one of 150 organizations that EDESA partners with in Costa Rica. Oldemar continues to grow personally and economically in addition to participating actively in the credit organization in his community.
View original language description ↓
Oldemar tiene 50 años de edad y vive con su esposa e hijos, en una comunidad llamada San Carlos, la cual pertenece a la segunda provincia de Costa Rica, Alajuela. En una zona donde se ocupa el primer lugar nacional en la producción de café y azúcar de caña. Produce además granos básicos (arroz, frijoles, maíz), frutas, legumbres, tubérculos y hortalizas. Y en esta provincia está ubicado el Aeropuerto Internacional Juan Santamaría, el más importante del país.

Desde hace algunos meses atrás Oldemar, se hizo de un pequeño grupo de ganado para tener una mayor estabilidad económica, ya que es chofer de una empresa y se dedica a este trabajo casi el tiempo completo de sus días. Pero ahora necesita meterse más de lleno a la ganadería ya que, sus cuatro hijos empezaran a estudiar y Don Oldemar necesita adquirir más ganado para asi obtener más ganancias y asi poder solventar los gastos académicos de sus hijos, para darles la oportunidad de ser grandes profesionales

En este momento Oldemar está solicitando ₡600,000.00 (seiscientos mil colones), para la compra de dos novillos “bien buenos y hermosotes” para su ganado, segun nos expresa Don Oldemar.

Oldemar es socio de la Empresa de Crédito Comunal de San Francisco, una de las 150 organizaciones socios de EDESA en Costa Rica. Continuara 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
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $4,106,550
    Funds lent in using Kiva
  • 508.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Oldemar De Jesus to buy cattle.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 1, 2012
Listed
Jan 30, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015