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Orlando
Orlando, age 69, lives with his family in the Santa Teresita community in the Turrialba Canton in the Cartago province. The city of Cartago was the capital of Costa Rica until 1823. It is known for its mountains formed by two ranges: the Central Range and the Talamanca Range. Its climate is cold most of the year because of the two volcanoes it has called Irazú and Turrialba.

Orlando has worked with livestock, specifically milk production, for four years. He manages to sell his products to the neighbors in the community, and they are very happy with the quality of his products. He knows this trade very well. It is his way of contributing to the household expenses.

Orlando currently wants a microloan for 440,000 colones to buy construction materials. He will build an area where he is able to milk his cows. He is currently doing this out in the open, and it is affecting his health.

Orlando is a member of the communal bank "El Sauce de Santa Teresita Turrialba", one of the 150 social organizations of EDESA in Costa Rica. This will be his first loan and he says he hopes to be able to continue growing as a small businessman, and he hopes to get ahead in his business. He also emphasizes that thanks to these types of organizations and others that facilitate loans he is able to devote more time to productive activities.
View original language description ↓
Orlando es un señor de 69 años de edad y vive con su familia en la comunidad de Santa Teresita, en el cantón de Turrialba ubicado en la provincia de Cartago. La ciudad de Cartago fue capital de Costa Rica hasta 1823, se caracteriza por tener un relieve montañoso formado por dos cordilleras: la Central y la cordillera de Talamanca, su clima es frío la mayoría del año consecuencia de los dos volcanes que posee llamados Irazú y Turrialba.
Desde hace cuatro años Orlando se dedica a la ganadería, específicamente a la producción de leche, logra vender sus productos a los vecinos de la comunidad quienes se muestran muy satisfechos con la calidad de los mismos. En su caso particular, conoce muy bien este oficio y es a la vez la forma de colaborar con los gastos del hogar.
Actualmente Orlando desea obtener un microcrédito por cuatrocientos cuarenta mil colones (¢440.000) para comprar materiales de construcción y construir un galerón donde pueda realizar el proceso de ordeño de sus vacas, ya que actualmente lo está haciendo a la intemperie y esto está afectando su salud.
El forma parte de la Empresa de Crédito Comunal de El Sauce de Santa Teresita Turrialba, una de las 150 organizaciones socias de EDESA en Costa Rica. Este será su primer crédito y dice que con el espera poder seguir creciendo como microempresario y sacar su negocio adelante. También destaca que gracias a este tipo de organizaciones y medios facilitadores de crédito puede dedicar más tiempo a las actividades productivas.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 494.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Orlando to build an area where he is able to milk his cows. He is currently doing this out in the open.
100% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 13, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 6, 2014