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Eduardo
Eduardo is a young man, 25 years old, who lives with his family in a community called La Danta in the south of Costa Rica, located in Concepción de Pilas, Puntarenas. The local economy is based on agricultural activities, mainly the growing and raising of potatoes, coffee, corn, beans and livestock.

Eduardo is asking for a loan of 1,040,000 Colones in order to buy corn and bean seeds, insecticide, and fungicide in order to protect his crops from pests and fungi that could affect production. Thanks to this loan he will be able to continue planting his crops, which allows him to support his family.

Like many other farmers in this region, he belongs to the Empresa de Crédito Comunal de la Danta S.A, one of 150 credit cooperatives in Costa Rica.
View original language description ↓

Eduardo es un joven de 25 años de edad, 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.
Eduardo está solicitando un préstamo de un millón cuarenta mil colones (¢1.040.000) para la compra de semilla de maíz y frijol, insecticidas y fungicidas para el mantenimiento de su siembra de esta manera protege sus cultivos de plagas y hongos que puedan afectar la producción mientras se desarrolla el cultivo, 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
  • 8
    View loans »
    Costa Rica Loans Fundraising
  • $3,979,500
    Funds lent in using Kiva
  • 498.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Eduardo to buy corn and bean seeds and other materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013