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Luis
Luis is 48 years old and, for a number of years, has been making a living sowing and harvesting coffee. He is very hard-working and enterprising and, with his work, his family's living conditions have improved considerably. Luis is applying for a loan of one million colons in order to buy coffee seedlings (small plants), and agricultural supplies such as pest-control substances, herbicides and manure. Luis plans to use this loan to improve the quality of his product and, of course, his income.
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Luis es un señor de 48 años de edad, dedicado desde hace varios años a la siembra y cosecha de café, es un hombre muy trabajador y emprendedor. Con su trabajo ha ayudado a que la condición de vida de su familia haya mejorado considerablemente, solicita un crédito de un millón de colones (¢1.000.000) para comprar almácigo de café (plantas pequeñas en desarrollo)insumos agrícolas como plaguicidas, herbicidas, abonos y otros. Con este crédito pretende mejorar la calidad del producto y por supuestos sus ingresos económicos.

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
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 500.1
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,000 helped Luis to buy coffee seedlings and fertiliser.
99% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 28, 2015