Check out some available loans that are similar to this one!
David
David is a man of 34 years old and lives with his mother and a young nephew in the community of San Rafael de Florencia de San Carlos, in the province of Alajuela. This rural community has a great deal of development potential through agricultural activities. The area has a warm climate that permits the production of certain fruits that can be grown better thanks to this type of climate such as mangoes, melons and other local fruits. The area of Florencia is characterized by its national parks and its extensive variety of flora and fauna.

David tells us that his family's only income is his. He studies at night and also takes charge of the education of his nephew. He has a hydroponic greenhouse in which he grows tomatoes and sweet peppers and now he wants to make it larger. He needs to buy seeds, chemicals, sand, and plastic tubing for irrigation among other materials. He is requesting a loan of one million forty thousand colones to achieve his goals. He belongs to the Crédito Comunal de ECCSAR S.A. This will be his first loan and he is very grateful for the opportunities to access credit that this gives him and to be able to complete his projects.
View original language description ↓
David es un hombre de 34 años de edad y vive con su madre y un sobrino menor de edad en la comunidad de San Rafael de Florencia de San Carlos, en la provincia de Alajuela. Esta comunidad rural presenta mucho potencial de desarrollo a través de las actividades agrícolas. La zona posee un clima caliente, lo que permite la producción de ciertas frutas que se desarrollan con más fuerza gracias a este tipo de clima como el mango, el melón y otros propios de la zona. La localidad de Florencia se caracteriza por sus parques nacionales y su extensa variedad de flora y fauna.
David nos comenta que el único ingreso en su familia es el suyo , estudia en horario nocturno y además tiene a cargo la educación de su sobrino , él tiene un vivero hidropónico en el cual se produce tomate y chile dulce, y ahora necesita extenderse en un área mayor , necesita comprar semillas, químicos , arena, tubos plásticos para riego entre otros materiales.
El está solicitando un crédito de un millón cuarenta mil colones (¢1.040.000) para lograr metas propuestas , él pertenece a la empresa de Crédito Comunal de ECCSAR S.A, este será su primer préstamo razón por la cual está muy agradecido, por las oportunidades de acceso al crédito que esta le brinda y poder llevar a cabo sus proyectos .

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
  • 499.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,100 helped David to buy seed.
92% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible