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Rafael
Rafael is a farmer in the southern part of Costa Rica. He lives with his wife and children. He has been working in agriculture and livestock for several years.

He has applied for a loan of one million Costa Rican colones to buy corn and bean seeds. He also needs to buy insecticides, fungicides, pesticides, and granular fertilizer to maintain his harvest and obtain products of good quality, since his income depends on this activity. Rafael is grateful for the financial opportunity which he has been offered.
View original language description ↓
Rafael es un agricultor de la zona Sur de Costa Rica. vive con su esposa y sus hijos y se dedica desde hace varios años a actividades agropecuarias, él está solicitando un préstamo de un millón colones (¢1.000.000), para la compra de semilla de maíz y frijol , necesita además comprar insecticidas, fungicidas, plaguicidas y abono granular para darle mantenimiento a su cosecha y obtener un producto de calidad , ya que sus ingresos dependen de esta actividad. Rafael agradece la oportunidad de financiamiento que se le brinda.

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

  • $11,100
    Average annual income
  • 24
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 499.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,025 helped Rafael to buy bean and corn seeds and farm supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 26, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013