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Santos
Santos is a young man who has tremendous drive to succeed. He is a farmer and a very hard worker. Santos lives in a small community in southern Costa Rica called La Danta, which is located in Concepción de Pilas, Puntarenas. The local economy is based on agricultural activities such as growing tubers, coffee, corn, beans, as well as raising cattle.


Santos is requesting a loan of 600,000 CRC in order to buy farming supplies for planting such as compost, fungicides, and herbicides to protect his crops throughout the production process. With the use of compost, Santos will increase the capacity of the soil to absorb various nutrients. The fungicides will prevent the appearance of fungus on his crops and result in a better quality product for his customers. He will also be able to fulfill all of his obligations and payments so that his family can get ahead.


Santos is a member of La Danta Communal Credit Enterprise, S.A., one of the 110 credit organizations in Costa Rica. This is his second loan.

View original language description ↓
Santos es un joven con muchos deseos de superación , es agricultor, muy trabajador y vive en una comunidad situada en la zona Sur de Costa Rica, ubicada en Concepción de Pilas, Puntarenas, llamada La Danta. La economía local está basada en actividades agropecuarias, donde destaca la siembra de tubérculos, café, maíz, frijoles y ganadería.
El está solicitando un préstamo de ₡600.000 (seiscientos mil colones), para comprar insumos agrícolas para su cosecha, como abono , fungicidas y herbicidas ya que debe proteger sus cultivos durante el proceso de producción . Con estos abonos, Santos aumentará la capacidad que posee el suelo de absorber los distintos elementos nutritivos y con los fungicidas que utilizara gracias a este préstamo también evitara que aparezcan hongos en sus plantaciones, así brindara productos de calidad a sus clientes, y además podrá hacer frente a todas sus obligaciones y pagos para así sacar adelante a su familia.
El es socio de la Empresa de Crédito Comunal denla Danta S.A, una de las 110 empresas de crédito comunal de Costa Rica y este es su segundo crédito.

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
  • 27
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 498.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Santos to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 7, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013