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Eduardo
Eduardo is a 40 year old man and the father of two children. 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.

Educardo is applying for a loan of one million, thirty-five thousand colones to purchase ginger and tiquizque seed, both very popular tubers in the Costa Rican market. He also needs supplies to maintain his fields with fertilizer and fungicides to protect his crops from plagues and fungus that can affect production as they develop. Thanks to this loan he will be able to continue developing his business and planting these products since this labor is precisely what enables him to feed his family.

He belongs, along with many other farmers in the area, to the Empresa de Crédito Commual Bank of La Danta, S.A., one of the 150 communal credit businesses of Costa Rica.
View original language description ↓
Eduardo es un hombre de 40 años de edad, padre de dos niños , vive junto a 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.
Eduardo está solicitando un préstamo de un millón treinta y cinco mil colones (¢1.035.000) para la compra de semilla de jengibre y tiquizque, ambos son tubérculos de gran aceptación en el mercado costarricense, necesita también insumos para 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

  • $12,900
    Average annual income
  • 37
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 494.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Eduardo to purchase supplies and tuber seeds.
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:
Dec 14, 2013