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Deyanira Montero
Deyanira Montero J. is single mother who is 45 years old. She only had one son, and he is grown up and provides for himself. She lives in a small house where she also has her business, a small grocery store, where she sells basic products to her neighbors. The community in which she lives is called El Sauce de Santa Teresita de Turrialba. It is a small, rural town with two thousand inhabitants. They work primarily in milk production and coffee farming. It has a hilly topography and most of the area is maintained as tropical rainforest. The town has very picturesque landscapes that combine the tropical forest with pretty ponds, coffee plantations, and dairies.

El Sauce is located approximately one-and-a-half hours by bus from Turrialba, the nearest center of commerce. However, several times per year the road becomes impassible due to the rains. This is, without a doubt, one of the greatest challenges for the community. When there weren’t many jobs, many people chose to leave to look for work in Turrialba or in banana plantations located on the Atlantic coast of Costa Rica. Lately the prices of coffee and milk have improved, so now people from the area are looking for ways to invest in projects there. Deyanira began her business approximately one year ago. Her goal is to have economically feasible work so that she won’t have to emigrate to Turrialba to work as domestic help. She still can’t keep her business open as much as she would like because she doesn’t have enough capital to invest in all of the necessary merchandise. She explains that having the business in her home means she doesn’t have to pay rent or construct a building, which helps her move ahead with her business.

With the micro-loan she has requested, she hopes to buy more merchandise to sell and thereby grow the business and provide better service to her neighbors. Specifically, she will buy basic grocery goods, such as rice, beans, vegetables, canned goods, soft drinks, soap, and everything else that rural Costa Ricans typically need. Deyanira has commented that the service that she provides is very important because there is no other small grocery store in the area. She hopes the micro-loan will give momentum to her business and help her to collaborate with the community so that people won’t have to travel to Turrialbla to buy groceries.

Deyanira is a client of the Producers Assocation of El Sauce, a local partner organization of the microfinance organization EDESA. Because of her ties to this organization, she has obtained several micro-loans for her business, which she has repaid satisfactorily. The amounts have increased from US$200.00, to US$550.00, to US$600.00. She currently needs a loan of $1,000.00 to buy the merchandise that is necessary to grow her business.
View original language description ↓

Deyanira Montero J. es una madre soltera con 45 años de edad. Sólo tuvo un hijo que ya es mayor de edad y se atiende sólo. Ella vive en una pequeña casa donde también instaló su negocio, una pulpería (tiendita de abarrotes) para vender productos básicos a sus vecinos.
La comunidad en la cual ella vive se llama El Sauce de Santa Teresita de Turrialba. Es una pequeña comunidad rural de unos dos mil habitantes. Sus pobladores se dedican a la producción de leche y siembra de café. Tiene un relieve irregular y mucho del terreno se mantiene como bosque tropical húmedo. La comunidad tiene paisajes muy pintorescos que combinan el bosque tropical con dos lindas lagunas, plantaciones de café y lecherías. El Sauce se localiza aproximadamente a hora y media en bus de Turrialba, el centro de comercio más cercano, sin embargo varias veces al año, el camino se vuelve intransitable por las lluvias que caen en la zona. Este es sin duda uno de los principales desafíos para la comunidad. Cuando no existían actividades muchas personas optaron por salir a buscar trabajos en Turrialba o en fincas bananeras ubicadas en el Atlántico de Costa Rica. Actualmente los precios del café y la leche han mejorado por lo tanto la población busca invertir con proyectos en la misma zona.
Doña Deyanira inició su negocio hace aproximadamente un año. Su objetivo es tener una actividad económica rentable que no la obligue emigrar a Turrialba a buscar trabajo como empleada doméstica. Aún no puede mantener abierto el negocio todo el tiempo que quisiera ya que no tiene suficiente capital como para invertirlo en comprar toda la mercadería necesaria. Ella comenta que al tener el negocio en su propia casa no tiene que pagar alquiler o construir un local lo cual le ayuda a que el negocio salga adelante.
Con el microcrédito que ha solicitado, ella desea comprar más mercadería que pueda vender para así hacer más grande el negocio y brindar un mejor servicio a sus vecinos. Específicamente comprará abarrotes básicos como arroz, frijoles, verduras, productos enlatados, refrescos, jabón, y todo lo que se refiere a la canasta básica del costarricense que vive en las zonas rurales. Deyanira comenta que el servicio que ella brinda es muy importante ya que no existe otra pulpería en la zona. Ella espera que el microcrédito le ayude a impulsar su negocio, colaborar con la comunidad y que las personas no tengan que viajar hasta Turrialba para comprar sus abarrotes.
Deyanira es cliente de la Asociación de Productores de El Sauce, una organización local socia de la microfinanciera EDESA. Gracias a su vinculación con esta organización, ella ha obtenido varios micropréstamos para su negocio los cuales ha pagado satisfactoriamente. Los montos han ido incrementando desde los US$ 200, US$ 550 y US$ 600. Actualmente ella necesita un préstamo por $1.000 para realizar la compra de la mercadería necesaria para ampliar su negocio.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 564.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Deyanira Montero to buy merchandise.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2009
Listed
Mar 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 24, 2011