Funded

Total loan: $1,975
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Daniel


A loan of $1,975 helped to buy two dairy cows.


Daniel's story

Daniel is a young man of 26 who lives together with his wife and children in La Fuente, in Cartago province. The main drainage channel in this area is the Reventazón River which has its source in the Cuericí Hills. Owing to the fertile nature of its volcanic and alluvial soil, the main sources of income in this area are farming and livestock raising.

Daniel started his business with two cows that he inherited from his father and, with their offspring, he has increased his herd. Daniel has been in the dairy business for several years. He has property but lacks the money he needs to make progress in his business and to ensure that the neighbors in his community benefit. The project is very interesting to him.

Daniel is requesting a micro loan for 500,000 colones to buy two additional dairy cows so that he can continue producing milk and cheese. In this way, he hopes to grow his business as his goal is to obtain better results from his work in order to provide both himself and his family with an excellent quality of life.

Daniel is a member of the Fuente Agrícola community loan company, one of 150 such organizations which are associated with EDESA in Costa Rica. He hopes to use his loan to continue growing on both a personal and financial level whilst participating actively within the loan organization in his community.

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

38 months
Disbursed date: February 22, 2012

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: February 22, 2012