A loan of $1,025 helped to buy livestock.


Irene Segunda Josefa's story

Irene, 80, is a woman who lives with her family in a rural community in Costa Rica called San Gabriel located in Yolillal, Upala in Alajuela Province. It is a rural community that is relatively large with semi-mountainous terrain in Costa Rica, Central America. Its main activities are basic grain farming and, to a lesser extent, animal husbandry. Irene has been raising livestock for a few years now, specifically for milk production. She manages to sell her products to neighbors in her community who are very satisfied with the quality of the products she sells. Irene believes that thanks to this project’s progress, she and her family have gradually improved their living conditions and have been instrumental in their community’s development. At present, Irene would like to obtain a micro loan for ¢500.000 (five-hundred thousand colones) to buy two cows to increase production. She knows that having a larger number of cows means more work and a greater sacrifice. However, the wish to be a successful micro businesswoman and to move her family forward improving their living conditions motivates her to expend the effort with great dedication. Irene is part of the San Gabriel communal bank, one of EDESA’s 150 social organizations in Costa Rica. This will be the third loan and she says that she hopes with it to continue growing as a micro businesswoman and to move her business forward. She also points out that thanks to this type of organization and means of easing credit availability she’s able to dedicate more time to productive activities.

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Translated from Spanish by Kiva volunteer Polliz



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