Funded

Total loan: $1,100
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Francisco


A loan of $1,100 helped purchase pigs & rebuild a pig pen.


Francisco's story

Francisco G. G. is a 39 year old gentleman who lives with his wife and child in a community called Santa Fe, which is located in Los Chiles, Alajuela Province. The community is situated in a mountainous area near the northern border of the country. The main economic activities are ranching and farming, with specific emphasis on the cultivation of grains, sugar cane, and oranges.

Don Francisco has been engaged in farming since a very young age. He has been especially interested in fattening pigs to sell so that he can generate income for his family. Don Francisco says he is very happy with the gains he has made because he will be able to renovate his house because it is in very bad condition.

He wants to obtain a microloan in the amount of 665,000 CRC to purchase more pigs and improve the conditions for raising them, thereby increasing his production. He know that having more pigs is a greater sacrifice and demands more work, but doing so will strengthen his business so that he can become a successful micro-entrepreneur.

Don Francisco is a member of the Manantial de Santa Fe Communal Credit Enterprise, one of 100 member organizations that make up EDESA in Costa Rica. This will be his second loan and he hopes to grow more on a personal and financial level. He also says that he is thankful for these types of organizations and credit facilitators who dedicate more time to productive activities.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: April 5, 2010

Lenders and lending teams



Loan details

Loan length:

26 months
Repayment schedule: Irregularly
Disbursed date: April 5, 2010