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Santos
Santos is a farmer near the zone of the Pacific in the North of the country. He has been working in agriculture for many years, since this is the principle activity in the zone. He sells his products at local coops, and he supports his family with his income. His family is composed of five members. Santos's goal is to grow economically so that his children can go to the university and have a better future. For that reason he is asking for a loan of 300,000 colones (¢300.000 - Costa Rican currency). With this money he will extend his crop land, he will buy corn seed, and he'll buy fertilizers and herbicides in order to obtain new income upon selling his harvest.
View original language description ↓
Santos es un agricultor vecino de la zona del Pacífico norte del país, durante muchos años se ha dedicado a la agricultura, ya que esta es la principal actividad de la zona, sus productos los vende a centros de acopio locales, con los ingresos obtenidos sustenta a su familia compuesta por cinco miembros.
El objetivo de Santos es crecer económicamente para que sus hijos puedan ir a la universidad y tengan un futuro mejor, para ello está solictando un crédito por trescientos mil colones (¢300.000)con esto extenderá el área de siembra, comprará semilla de maíz y suministros para obtener nuevos ingresos a partir de la venta de la cosecha.

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
  • 39
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    Funds lent in using Kiva
  • 498.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Santos to purchase corn seed, fertilizer, fungicide and herbicides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Disbursed:
Jan 18, 2013
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013