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Juan
Juan is a farmer who has worked in agriculture for many years, because this is the main activity in the area. He sells his products at local distribution centers. With his income, he sustains his family of five. His goal is to grow economically so that his children can go to university and have a better future. With this in mind, he is requesting a loan of one million colones (1 000 000). With this, he will extend his area of fertile land, buy corn seeds, and buy supplies in order to get new income from the sale of his harvest.
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Juan es un agricultor que durante muchos años se ha dedicado a la agricultura, ya que esta es la principal actividad de la zona, sus productos los vende a centros de acopio locales, con los ingresos obtenidos sustenta a su familia compuesta por cinco miembros. El objetivo es crecer económicamente para que sus hijos puedan ir a la universidad y tengan un futuro mejor, para ello está solicitando un crédito por un millón de colones (1.000.000)con esto extenderá el área de siembra, comprará semilla de maíz y suministros para obtener nuevos ingresos a partir de la venta de la cosecha.

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
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 497.5
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,025 helped Juan to buy seeds and supplies.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 22, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2014