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Hilario
Hilario is 45 years old and lives with his wife and their seven children in the community of San Rafael of Florencia of San Carlos in Alajuela province. This rural community presents a lot of potential for development through agricultural activities. The area has a warm climate, which allows the production of certain fruits that develop better thanks to this type of climate such as mango, melon and other inherent to the area, there are also activities such as cattle fattening.

The town of Florencia is characterized by its national parks and its extensive variety in flora and fauna. Hilario through his own effort and hard work has gradually built up his house, with great difficulty as six of his children are minors and his income is the only one they have.

He needs to build the roof, put the floor and finish a room, for this he must purchase materials such as concrete, sand, stone among others. He is requesting a loan of six hundred thousand colones (¢600.000), an amount that he considers is enough to reach his goal, he mentions that he is very happy of having his own house. He is a member of the Communal Bank SCSAR S.A. This would be his first loan and for this reason he is very thankful for this opportunity and because he will be able to finish his house.
View original language description ↓
Hilario es un señor de 45 años de edad y vive con su esposa y sus siete hijos en la comunidad de San Rafael de Florencia de San Carlos, en la provincia de Alajuela. Esta comunidad rural presenta mucho potencial de desarrollo a través de las actividades agrícolas. La zona posee un clima caliente, lo que permite la producción de ciertas frutas que se desarrollan con más fuerza gracias a este tipo de clima como el mango, el melón y otros propios de la zona, también se destaca actividades tales como el ganado de engorde.
La localidad de Florencia se caracteriza por sus parques nacionales y su extensa variedad en la flora y en la fauna.
Don Hilario con su propios esfuerzo y trabajo ha ido construyendo poco a poco su vivienda, con gran dificultad ya que seis de sus hijos son memores de edad y el único ingreso que tiene es el suyo, necesita techar , poner piso y terminar el cuarto de pilas, para ello debe comprar materiales como cemento , arena, piedra entre otros. Está solicitando un préstamo de seiscientos mil colones (¢600.000) con este monto considera que puede lograr su objetivo, agrega que se siente muy feliz de tener casa propia.
Es miembro de la Empresa de Crédito Comunal de SCSAR S.A, este será su primer préstamo razón por la cual está muy agradecido, por la oportunidad de acceso al crédito que esta le brinda y poder terminar de construir su vivienda.

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
  • 44
    View loans »
    Costa Rica Loans Fundraising
  • $4,191,025
    Funds lent in using Kiva
  • 498.6
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,225 helped Hilario to build a house.
92% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible