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Juan Bautista
Juan Bautista is a 42 year old man who is married with four minor children, all of whom are students. He lives with his family in a community in the southern part of Costa Rica, located in Concepción de Pilas, Puntarenas. The local economy is agriculture based, with a focus on tubers, coffee, corn, beans and livestock.

Juan buys young cattle, fattens them and then re-sells them at livestock fairs, a business that is very common in the area. He takes his cattle there to sell to other larger ranchers. He is applying for a loan for 800,000 colones in order to purchase five calves, fatten them and re-sell them.

He tells us that this is the only income his family has and thus he puts a lot of effort into his work so that his animals are very popular in this market.

Juan Bautista is a member of the Empresa de Crédito Communal Bank in La Danta, one of the 150 member organizations of EDESA in Costa Rica. He hopes to continue growing at a personal and financial level as well as to actively participate in the credit organization in his community.
View original language description ↓
Juan Bautista es un hombre de 42 años de edad, casado, tiene cuatro hijos menores de edad, todos estudiantes ,él vive junto a su familia en una comunidad de la zona Sur de Costa Rica, ubicada en Concepción de Pilas, Puntarenas. La economía local está basada en actividades agropecuarias, donde destaca la siembra de tubérculos, café, maíz, frijoles y ganadería.
Juan se dedica a comprar ganado pequeño, lo somete al proceso de engorde y lo revende en las ferias ganaderas, actividad que es muy común en la zona, ahí se lleva el ganado para venderlo a otros ganaderos más grandes, él está solicitando un préstamo por ochocientos cincuenta mil colones (¢850.000) para comprar 5 terneros engordarlos y venderlos.
Nos comentó que el suyo es el único ingreso que tiene su familia y por eso se esfuerza mucho en el trabajo que realiza para que sus animales sean de gran aceptación en este mercado.
Juan Bautista es socio de la Empresa de Crédito Comunal en la Danta, una de las 150 organizaciones socias de EDESA en Costa Rica. ELV 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 Costa Rica

  • $11,100
    Average annual income
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,116,400
    Funds lent in using Kiva
  • 494.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Juan Bautista purchase 5 calves.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 24, 2012
Listed
Jul 24, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 24, 2013