He needs a loan in the amount of 500 000 (five hundred thousand colones) to purchase a tub of molasses that he needs to start his business selling the sugar known as molasses. This is used as feed for cattle and it has become a profitable business for the community. He is certain that there are more than 40 farms that will require his services and he has only started the business.
He is a member of Empresa de Credito Communal de Cartagena, one of the 110 member organizations of Edesa (Kiva Field Partner) in Costa Rica.
En este momento el necesita un préstamo de ₡500 000 (quinientos mil colones) para la compra de una Tanqueta de miel necesaria para iniciar su proyecto de venta de una miel conocida como melaza, esta sirve de alimento para el ganado y se ha convertido en un gran negocio para la comunidad. El asegura que son más de 40 ganaderos que van a necesitar de sus servicios a penas inicie el proyecto
El es parte de la Empresa de Crédito Comunal de Cartagena, una de una de las 110 organizaciones socias de EDESA en Costa Rica.
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.
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