He is asking for a loan of eight hundred and fifty thousand Colones (¢850,000) to buy corn for seed, solid fertilizers, and fungicides to protect his plants during their development and avoid the appearance of mushrooms or fungus in his fields. He sells the harvested crops in an association in his locale and in this way he helps his parents, covers the costs of his studies, and makes headway in his other economic obligations. He wants to become a large scale producer and prosper and have a greater income for himself and his family and for this he needs to make his strongest effort toward his agricultural activities.
Gilber is a member of the community banking group Denla Danta S.A, one of the 150 community credit banking groups in Costa Rica.
El está solicitando un préstamo de ochocientos cincuenta mil colones (¢850.000) para la compra de semilla de maíz, abono granular y fungicidas para proteger sus cultivos durante el desarrollo y evitar también que aparezcan hongos en sus plantaciones, El vende la cosecha en una asociación de la localidad y de esta manera ayuda a sus padres, cubre los gastos de sus estudios y hace frente a otras obligaciones económicas, desea llegar a ser un productor grande y prosperar y tener mayores ingresos y comodidades para él y su familia y para ello hace el mayor de sus esfuerzos en la actividad agrícola
Gilber es socio de la Empresa de Crédito Comunal denla Danta S.A, una de las 150 empresas de crédito comunal de 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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