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Victor Julio
Victor Julio, 47, lives with his wife and family in a community called Cimarrón de Santa Teresita de Turrialba in Cartago Province. It is a small, rural community with about 2000 inhabitants. Its residents are milk producers and farmers. It has an irregular terrain and much of the land is a tropical, humid forest. Cimarrón is about an hour and a half bus ride from Turrialba, the nearest commercial center. However, several times during the year the road becomes impassable due to the rains.

Victor has wanted to improve his dairy farm for several years. He currently has a locale to carry out his activities but he lacks the main things needed for his business to surge ahead. His goal is to sell his products among his neighbors in the community. The project is very interesting and beneficial for him.

Currently Victor is asking for a ¢500.000 (five-hundred thousand colones) micro loan to buy a dairy cow since he sells dairy products, especially cheese. With this he expects to make his business grow and improve his and his family’s quality of life.

Victor Julio is a member of the “Nuevas Esperanzas para Cimarrón” (New Hopes for Cimarrón) communal bank, one of EDESA’s 150 social organizations in Costa Rica. This will be his first loan and he hopes to continue growing personally and becoming stronger economically in addition to participating actively in his community’s credit organization.
View original language description ↓
Víctor Julio es un señor de 47 años de edad que vive con su esposa y su familia en una comunidad llamada Cimarrón de Santa Teresita de Turrialba, en la provincia de Cartago. Es una pequeña comunidad rural de aproximadamente dos mil habitantes. Sus pobladores se dedican a la producción de leche y la agricultura. Tiene un relieve irregular y mucho del terreno se mantiene como bosque tropical húmedo. Cimarrón se localiza aproximadamente a hora y media en bus de Turrialba, el centro de comercio más cercano. Sin embargo, varias veces al año el camino se vuelve intransitable por las lluvias.

Desde hace algunos años Víctor Julio ha querido mejorar su lechería, el cuenta en estos momentos con el local para llevar a cabo su actividad, pero le falta lo principal para que su negocio surja, su propósito es vender sus productos a los vecinos de su comunidad. El proyecto le es muy interesante y beneficioso.

Actualmente Víctor Julio está solicitando un micro crédito de ¢500.000 quinientos mil colones) para la compra de una vaca lechera, ya que se dedica a la venta de lácteos especialmente quesos. Con esto el espera hacer crecer su negocio y mejorar tanto su calidad de vida como la de su familia.

Víctor Julio es socio de la Empresa de Crédito Comunal Nuevas Esperanzas para Cimarrón, 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 fortalecerse económicamente, 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
  • 57
    View loans »
    Costa Rica Loans Fundraising
  • $4,320,650
    Funds lent in using Kiva
  • 512.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Victor Julio to buy a dairy cow.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Feb 9, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 30, 2014