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Luis Martín
Luis is a 48-year-old gentleman who lives in the rural Costa Rican community of San Cristóbal, which is located 45 kilometers to the south of San José. San Cristóbal is a slightly mountainous area that is the home to businesses involved in trade, vegetable farming, coffee, handicrafts, livestock breeding, and other areas.


For several years, Don Luis has been devoted to the planting and harvesting of coffee among his many activities. He is a hardworking and enterprising gentleman. Due to his work, he has helped to improve his family’s living conditions considerably. His coffee farm needs to be maintained throughout the development process in order to obtain a quality product. For this reason, he is requesting a loan of 700,000 CRC in order to buy farming supplies such as pesticides, herbicides, compost, and other items. With this loan, he will be able to maintain his coffee farm, obtain coffee that is of good quality, get ahead financially, and improve his quality of life even more. He was able to achieve similar results with the previous loans he obtained and says that they have been a great help and benefit for himself and his family.


Don Luis is a member of the Communal Credit Enterprise of San Cristóbal Norte (SACRIN), one of the 150 member organizations that make up EDESA in Costa Rica.

View original language description ↓

Luis es un señor de 48 años de edad, vecino de una comunidad rural de Costa Rica situada 45 kilómetros al sur de San José llamada San Cristóbal. San Cristóbal es una zona ligeramente montañosa donde se desarrollan actividades como el comercio, agricultura de hortalizas, café, artesanía, ganadería y otras.

Desde hace varios años que don Luis se dedica entre otras actividades a la siembra y cosecha de café, es un hombre muy trabajador y emprendedor. Con su trabajo ha ayudado a que la condición de vida de su familia haya mejorado considerablemente, Su proyecto cafetalero necesita de mantenimiento para obtener calidad en el producto durante el proceso de desarrollo, para ello está solicitando un crédito de setecientos mil colones (¢700.000) para comprar insumos agrícolas como plaguicidas, herbicidas, abonos y otros. Con este crédito dará mantenimiento a su cafeto, obtendrá café de buena calidad y económicamente saldrá adelante y mejorará aún más su calidad de vida, como lo ha hecho con otros préstamos que ha obtenido y que según él han sido de gran ayuda y bendición para él y su familia
Don Luis es socio de la Empresa de Crédito Comunal San Cristóbal Norte (SACRIN), una de las 150 organizaciones socias de EDESA en Costa Rica.

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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $3,979,500
    Funds lent in using Kiva
  • 498.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Luis Martín to buy farming supplies for his coffee farm.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013