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Hingri
Hingri is 43 years old and lives with her three children (all students) in a community called Upala in the province of Alajuela, Costa Rica. The area is known for its national parks, its extensive variety of flora and fauna, and for having a very hot climate good for producing certain fruits like mangoes and melons, among others. Hingri makes a living growing green bananas, which she sells at local collection centers and to other buyers at the local market. With this work she has been able to make headway for her family. She needs to expand her production and is requesting a loan to purchase seeds and supplies to grow her product and prepare the land, as well as cover other expenses related to the planting. Hingri belongs to the Empresa de Crédito Femenina Cantonal de Upala S.A community bank, and with this loan she will gain ground financially, and she says that she is very grateful for the opportunity to have access to credit so she can take on the projects she has proposed.
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Hingri es una mujer de 43 años de edad, vive con sus tres hijos ( estudiantes todos) 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 muy 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 .
Ella se dedica a la producción de plátano verde que vende en los centros de acopio locales y a otros consumidores del mercado local. Con este oficio ha sacado adelante a su familia , ella necesita ampliar la producción del producto y para ello solicita un crédito de un millón cuarenta mil colones exactos (¢1.040.000), con eso comprará semilla, insumos para mantenimiento del producto , preparación del terreno y otros gastos relacionados con el proyecto de siembra .
Hingri 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 ya que así podrá llevar a cabo los proyectos que se ha propuesto.

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
  • 24
    View loans »
    Costa Rica Loans Fundraising
  • $4,367,000
    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 $2,100 helped Hingri to purchase banana seeds and supplies to work the land.
89% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
Possible