Orlando lives with his parents in the country’s southern zone; he’s always worked in agriculture, an activity that supports his family. He’s asking for a five-hundred thousand colon (¢500.000) loan to buy corn seeds, granular fertilizer and fungicide to protect his crops during the growing phase and to prevent mold and infestations from attacking his plants. He sells his harvest in a local association thus helping his parents. He also covers other economic needs and he’d like to become a large producer and become prosperous earning higher income to have greater comfort for him and his family. To do so, he puts all his efforts into his agricultural activity.
Orlando vive con sus padres en la zona sur del país, se ha dedicado siempre a la agrícultura, actividad con la cual mantiene a su familia. Está solicitando un préstamo de quinientos mil colones (¢500.000) para la compra de semilla de maíz, abono granular y fungicidas para proteger sus cultivos durante el desarrollo y evitar también que aparezcan hongos y plagas en sus plantaciones, El vende la cosecha en una asociación de la localidad y de esta manera ayuda a sus padres, y hace frente a otras obligaciones económicas, desea llegar a ser un productor grande y prosperar y tener mayores ingresos y comodidades para él y su familia y para ello hace el mayor de sus esfuerzos en la actividad agrícola.
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.