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Matilde Florentino
Matilde Florentino is 62 years old and lives with his family in Canalette, located within the Upala, San Carlos region, in the Alajuela province. This province produces the highest amounts of coffee and cane sugar in the country. It also produces basic grains (rice, beans, corn), fruits, vegetables, tubers, and flowers. It’s also one of the country’s main producers of livestock, especially within the San Carlos settlement. Besides that, the “Cooperativa de Productores de Leche Dos Pinos” cooperative milk producing plants are located within the province. The co-op is the property of thousands of milk producers. Many export manufacturers have also located within the zone around the city of Alajuela. The El Coyol, Saret, Montecillos, and Bet zones are also located around the city.

Matilde Florentino works in the fields, but it not enough so that he can achieve his dream of providing a dignified home for his family. For this he needs financial support to buy building materials and pay for labor.

Matilde Florentino is asking for a micro loan of 1,050,000 colones ($2,100) so that he can provide a dignified home for his family and so that they will live more comfortably.

Matilde Florentino is a partner in the Empresa de Crédito Comunal de Canalette company, one of the more that 150 EDESA social organizations in Costa Rica. He expects to be able to continue growing personally and financially with the help of this loan, and to be able to actively participate in the credit organization in his community.
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Matilde Florentino es un ciudadano de 62 años de edad vive con su familia, en la comunidad de Canalette, en la región de Upala, San Carlos en la provincia de Alajuela. Esta provincia 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, una de las principales zonas ganaderas del país especialmente a través de la producción del cantón de San Carlos. Además en la provincia se asientan las plantas procesadoras de leche de la Cooperativa de Productores de Leche Dos Pinos, propiedad de miles de productores de leche. Además en la zona alrededor de la ciudad de Alajuela se ha asentado gran cantidad de empresas manufactureras de exportación. En Alajuela operan las zonas francas de El Coyol, Saret, Montecillos y Bet.

Don Matilde Florentino se dedica a trabajos de campo pero no le es suficiente para cumplir su sueño que es el de darle una vivienda digna a su familia, para ello necesita apoyo financiero para comprar los materiales de construcción y pagar la mano de obra .

Actualmente Matilde Florentino está solicitando un micro crédito de un millón cincuenta mil colones (¢1.050.000), con esto lograría darle una vivienda digna a su familia y de igual forma viviría más cómodamente.
Matilde Florentino es socio de la Empresa de Crédito Comunal de Canalette, una de las 150 organizaciones socias de EDESA en Costa Rica. Con este préstamo 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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Costa Rica

  • $11,100
    Average annual income
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 502.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Matilde Florentino to buy building materials and pay for labor.
100% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013