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Aurora
Aurora is a 71-year-old woman who lives with her two children in a community called Upala which is part of the Alajuela province. This region is characterized by it national parks, its great variety in flora and fauna and by its hot climate. This climate allows growing some fruits which ripe faster in these conditions such as mangos and melons amongst others.

For a living, Aurora buys cattle which she fattens until they reach the appropriate weight. Later she sells them on local cattle fairs for a market price. She is asking for a loan of 600 000 colones to buy three calves and to fatten the cattle in the procedure described above. She is supporting her family with this business and partially improving their quality of life.

Aurora belongs to Empresa de Crédito Femenina Cantonal de Upala S.A. This loan will help her improve her financial condition. She has also expressed gratitude for the chance to have access to the loan she has received and to carry out the projects of her life.
View original language description ↓
Aurora es una mujer de 71 años de edad, vive con dos de sus hijos en una comunidad llamada Upala que pertenece a la provincia de Alajuela, localidad que se caracteriza por sus parques nacionales, su extensa variedad de flora y fauna y por tener un clima caluroso, lo que permite la producción de ciertas frutas que se desarrollan con más fuerza en este tipo de clima, como el mango, el melón entre otros .
Aurora se dedica a comprar ganado, el cual alimenta hasta que alcance el peso apropiado, luego lo vende en las ferias ganaderas locales a precio de mercado. Ella está solicitando un crédito de seiscientos mil colones exactos (¢600.000) para comprar 3 terneros y realizar este proceso llamado ganado para engorde , con esta actividad lleva sustento a su familia y mejora en parte la calidad de vida de la misma.
Aurora pertenece a la Empresa de Crédito Femenina Cantonal de Upala S.A, con este crédito saldrá adelante económicamente y además manifiesta estar muy agradecida por las oportunidades de acceso al crédito que ésta le brinda y así llevar a cabo sus proyectos de vida.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,973,175
    Funds lent in using Kiva
  • 498.9
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,225 helped Aurora to buy cattle to fatten.
73% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible