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Ricardo
Ricardo raises beef cattle to sell in local cattle markets. He needs to keep renewing his livestock every so often because the fattening process takes a few months. Right now he needs to buy three calves, and some supplies to maintain and take care of the animals, so that he can begin the fattening process and prepare a new group of cattle for the next sale. Ricardo is asking for the amount of ¢1,000,000 CRC, or $2,025 USD to accomplish his project. He says he is happy with the financial help offered by communal credit companies.
View original language description ↓
Ricardo se dedica a crear ganado de engorde para venderlo en las ferias ganaderas locales, él necesita ir renovando cada cierto tiempo su ganado ya que el proceso de engorde tarda varios meses, en este momento necesita comprar tres terneros y algunos productos para su mantenimiento y cuido de los animales, para comenzar el proceso de engorde e ir preparando un nuevo grupo de ganado para la próxima venta. Está solicitando la suma de un millón (¢1.000.000) para realizar el proyecto, manifiesta estar feliz con la ayuda financiera que ofrecen las empresas de crédito comunal.

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
  • $4,370,725
    Funds lent in using Kiva
  • 497.9
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,025 helped Ricardo buy 3 calves and supplies to maintain them.
76% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible