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Diego
Diego is a 23-year-old gentleman who lives with his family 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.

Diego is requesting a loan in the amount of 500,000 CRC for planting beans and providing care for his crops. He will buy compost and fungicides in order to protect his crops against pests and fungus that could impact production while the crops are developing. Thanks to this loan, Diego can continue developing his business and planting these products. His work is what enables him to sustain his family.

Diego, like many other farmers, is a member of La Danta Communal Credit Enterprise, S.A., one of the 150 credit organizations in Costa Rica.
View original language description ↓
Diego es un hombre de 23 años de edad y vive con su familia, en una comunidad de 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.
Diego está solicitando un préstamo de ₡500.000 (seiscientos mil colones), para la cosecha de frijol y darle mantenimiento a su siembra por medio de abono y fungicidas para proteger sus cultivos de plagas y hongos que puedan afectar la producción mientras se desarrolla, gracias a este préstamo podrá seguir desarrollando esta actividad y sembrando estos productos pues esta labor es precisamente la que le permite llevar el sustento a su familia.
El pertenece como muchos otros agricultores de la zona a la Empresa de Crédito Comunal de la Danta S.A, una de las 150 empresas de crédito comunal de Costa Rica.

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
  • 25
    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 $1,025 helped Diego to buy farming supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 7, 2012
Listed
Jun 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013