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Yolán
Yolán is a 34-year-old farmer. He lives with his wife and 3-year-old son in of the south zone of Costa Rica, located in Concepción de Pilas, Puntarenas. The local economy is based on farming activities, mainly the sowing of tubers, coffee, corn, beans, and livestock breeding, and other products.

For several years Yolán has developed the sowing of coffee, which has allowed him to have a steady income. He desires to expand his sowing and therefore needs a loan of 500,000 colones to buy small coffee plants to accomplish the production of the product and provide seeds to other producers.

Yolán is a member of the “Empresa de Credito Comunal de la Danta S.A.” (Business of Community Credit of Danta, S.A.). He is very grateful for the loan as a means of quick access to financing on credit available to hard working people who want to get ahead.
View original language description ↓
Yolán es un agricultor de 34 años de edad, vive con su esposa y su hijo de tres años en la 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, y otros productos.
Yolán desarrolla la actividad de la siembra de café desde hace varios años, lo que le genera una única fuente de ingreso familiar, por lo tanto desea expandirse más en cuanto a área de siembra y para ello necesita un préstamo por quinientos mil colones exactos (¢500.000) para comprar almácigo de café (Plantas pequeñas) y así lograr la producción de este producto y proveer de semilla a otros productores.
Yolán l es socio de la Empresa de Crédito Comunal de La Danta S.A. y manifiesta estar muy agradecido porque este es un medio de adquirir financiamiento de acceso rápido y a plazos aceptables para gente trabajadora y que desea superarse.

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
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 498.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Yolán to buy small coffee plants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2013