A loan of $1,200 helped purchase of three milk cows.


Esteban's story

Esteban T. G. is a young man of 31 years old who lives with his wife and their three kids in a community called Santa Fe located in Los Chiles, in the province of Alajuela. This community is notably a mountainous area and is close to the northern border of our country. Its principal economic activities are cattle-raising and agriculture, specifically growing basic grain staples, sugar cane and oranges. For a number of years, Don Esteban has worked with cattle, in particular the production of milk and other dairy products. He sells his products to his neighbors in the community who are very satisfied with the quality of the products he offers. Right now, Don Esteban would like a loan of ¢685.000 (six hundred and eighty-five thousand colones) to buy three additional cows and increase his production. He knows that having more cows will require more work and require a bigger sacrifice. Without a doubt, his desire to be a successful micro-entrepeneur and to help his family get ahead motivate him to work even harder. Don Esteban is a member of the Santa Fe Empresa de Crédito Comunal Manantial (Manantial Community Credit Company), one of the 100 partner organizations of EDESA in Costa Rica. This will be his first loan and with the loan he hopes to improve his personal and economic situation. Also, it is clear that due to this type of organization and the convenient access to credit, he can spend more time on productive activities.

Translated from Spanish by Kiva volunteer



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