Amancio is a hardworking man. He wants to continue with the work he is doing. This is why he needs a loan for CRC 750,000 (Costa Rican colones) to buy fungicides, herbicides, and insecticides to treat the crop as it progresses. He will also pay for labor to maintain his crops. Amancio’s business is planting basic grains and selling them to the town’s cooperative. This loan will help him improve his harvest so that he can continue living on what he earns.
Amancio es un señor muy luchador, desea poder seguir realizando sus proyectos, es por eso que necesita un préstamo por setecientos cincuenta mil colones exactos (¢750.000) para comprar fungicidas, herbicidas e insecticidas para tratar el cultivo durante el desarrollo, además de pagar mano de obra para darle mantenimiento a la cosecha. el negocio de Amancio es sembrar granos básicos y venderlos a la asociación de acopio local. Es por ello que este préstamo le ayudará a mejorar la cosecha y poder seguir viviendo de lo que genere.
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.