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José Joaquín
José Joaquín, as on other occasions, has worked in the planting and harvesting of corn and beans with communal loans. This time he is requesting 300,000 colones (Costa Rican currency) in order to take advantage of the summer season which is the best for planting these grains. He will buy corn and bean seed and agricultural products. He and his two sons with help from his wife have prepared the land for this activity. The whole family depends on this work for their subsistence. They sell the harvest to a local association or central stockpile (a grain coop), and for that reason they want to obtain a good harvest so that they can earn a better income.
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José Joaquín como en otras ocaciones ha trabajado en la siembra y cosecha de maíz y frijol con crédito comunal, esta vez solicita trescientos mil colones (¢300.000), pues va aprovechar la época de verano que es la más indicada para la siembra de estos granos, compraran semilla de maíz y frijol y suministros agrícolas él y sus dos hijos con la colaboración de su esposa han preparado el terreno para esta actividad, toda la familia depende de este oficio para su subsistencia, pues la cosecha la venden a una asociación local o centro de acopio y por eso quieren obtener una buena produción con lo que lograran mayores ingresos.

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
  • 50
    View loans »
    Costa Rica Loans Fundraising
  • $4,673,875
    Funds lent in using Kiva
  • 498.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped José Joaquín to purchase seeds, fertilizer and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 18, 2013
Jan 16, 2013
Currency Exchange Loss:
Nov 17, 2013