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Miguel H. Corrales is a neighbor of Perez Zeledon. He has worked all his life in agriculture. Right now, he has a project planting his small farm with coffee to take advantage of the rise in prices of this crop in the country. For this he needs a loan of 500,000 colones to purchase the necessary inputs for the preparation of the soil and the creation of a nursery. He is a member of the Empresa de Crédito Comunal de Bancruce, one of the 100 social organizations of EDESA in Costa Rica.
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Miguel H. Corrales es vecino de Perez Zeledon. El se ha dedicado toda su vida a la Agricultura.
En este momento tiene un proyecto para sembrar su finquita de café para asi aprovechar la subida del precios de este grano en el país. Es por eso que el necesita un préstamo de de ¢500 000 (quinientos mil colones) para la compra de los insumos necesarios para la preparación del suelo, y la creación del almacigó.
El es socio de la Empresa de Crédito Comunal de Bancruce una de las 100 organizaciones socias de EDESA en Costa Rica

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
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $4,722,350
    Funds lent in using Kiva
  • 499.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Miguel coffee growing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jan 26, 2011
Feb 15, 2011
Currency Exchange Loss:
Sep 21, 2011