Oscar is asking for an 800,000 (¢800.000) colones loan to buy corn and bean seeds, manure, insecticide and fungicide to provide crop maintenance and protect it during the growing process so that he can provide quality products for his customers. Family income depends on this activity so he strives to do it in the best way possible. Oscar is a member of the “La Danta, S.A.” communal bank one of the 150 communal credit firms in Costa Rica.
Oscar está solicitando un préstamo de ochocientos mil colones (¢800.000) para comprar semilla de maíz y frijoles, abonos, insecticidas y fungicidas para darle mantenimiento a su siembra, protegerla durante su desarrollo y de esta manera brindar productos de calidad a sus clientes, el ingreso económico familiar depende de esta actividad, por lo tanto se esfuerza en realizarla de la mejor manera.
Oscar es socio de la Empresa de Crédito Comunal de La Danta S.A, que es una de las 150 empresas de crédito comunal de Costa Rica.
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.
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Success!! The loan was 100% repaid