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Melvin is a determined farmer. His goal has always been to increase the productivity of his harvests. To do that, Melvin is rerquesting a loan of 350,000 colones to purchase more supplies for planting plantains. This loan will help him achieve greater economic solvency and provide a higher standard of living for his family.
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Melvin es un agricultor muy esforzado. Siempre ha tenido como meta el poder tener mas productos para la cosecha, por lo que solicita un préstamo de trecientos cincuenta mil colones (350.000) para compra mas materiales para sembrar plátano. Con este préstamo le ayudará a tener una mejor solvencia económica y poder darle una mejor calidad de vida a su familia.

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
  • 57
    View loans »
    Costa Rica Loans Fundraising
  • $4,673,875
    Funds lent in using Kiva
  • 499.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Melvin purchase needed supplies for planting plantains.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 21, 2013
Mar 1, 2013
Currency Exchange Loss:
Mar 17, 2015