Marta has a farm, on which she depends for the income to maintain her three children and also her mother. She would like to expand her production of chicken and eggs, which she sells to larger merchants. She has successfully become a provider for several businesses, and for this reason she is requesting a loan for three hundred fifty thousand colones (¢350.000) to buy more small chickens, poultry feed, and watering devices, among other farm supplies. Marta comments that she is very happy to have access to these funds through the communal loan.
Marta tiene una granja de la cual dependen sus ingresos económicos para mantener a sus tres hijos y a su madre , ella quiere ampliar la producción de pollos y huevos, los cuales vende a comerciantes más grandes , ha conseguido ser proveedora de varios negocios y por eso solicita un crédito de trescientos cincuenta mil colones (¢350.000) para comprar más pollos pequeños , alimento para aves y bebederos entre otros implementos de granja. Marta manifiesta estar muy alegre de contar con este dinero a través del crédito comunal.
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.