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Kenner is only 21 years old and he lives with his family in Santa Teresita, a community located in the Turrialba canton of the Cartago province. The city of Cartago has been the capital of Costa Rica until 1823, and it is characterized by a mountainous terrain that has been formed by two ranges: Central and Talamanca. Given its proximity to two volcanoes, Irazú and Turrialba, weather is cold for most part of the year.
Kenner prepares dairy products such as cream, cheese and butter, and he then distributes them both in his community and in those nearby. As he does not have a vehicle of his own to do his job he is requesting a loan of one million and thirty five thousand Colones (¢1.035.000) to buy a vehicle, in order to speed up his job and to increase the number of his customers.
Kenner is a member of the Communal Bank “El Sauce de Santa Teresita Turrialba” (The Willow of Santa Teresita Turrialba), one of EDESA’s 150 social organizations in Costa Rica. This will be is first loan and he hopes that thanks to this he will keep on growing as a micro entrepreneur and that he will make his activity grow. He also points out that thanks to this type of organizations and means of facilitating credit he can get a better profit from his productive activities.
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Kenner es un joven de apenas 21 años de edad y vive con su familia en la comunidad de Santa Teresita, en el cantón de Turrialba ubicado en la provincia de Cartago. La ciudad de Cartago fue capital de Costa Rica hasta 1823, se caracteriza por tener un relieve montañoso formado por dos cordilleras: la Central y la cordillera de Talamanca, su clima es frío la mayoría del año consecuencia de los dos volcanes que posee llamados Irazú y Turrialba.
Kenner trabaja en la elaboración de productos lácteos como natilla, queso, mantequilla y otros, los cuales distribuye a lo largo de su comunidad y en lugares aledaños a esta, no cuenta con un vehículo propio para realizar esta labor, por lo cual está solicitando un préstamo de un millón treinta y cinco mil colones (¢1.035.000) para adquirir un vehículo para agilizar su trabajo y ampliar su clientela.
Kenner forma parte de la Empresa de Crédito Comunal de El Sauce de Santa Teresita Turrialba, una de las 150 organizaciones socias de EDESA en Costa Rica. Este será su primer crédito y con él espera poder seguir creciendo como microempresario y sacar su negocio adelante. También destaca que gracias a este tipo de organizaciones y medios facilitadores de crédito puede sacar más provecho a las actividades productivas.

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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $4,715,325
    Funds lent in using Kiva
  • 494.2
    Costa Rica Colones (CRC) = $1 USD
A loan of $2,100 helped Kenner to buy a vehicle to transport his products.
Repayment Term
39 months (Additional Information)
Repayment Schedule
Jul 24, 2012
Jul 25, 2012
Currency Exchange Loss:
Aug 24, 2012