Update on DionisioDionisio lives in Puntarenas. He’s a person with experience in agriculture and he loves what he does. He has his own farm and wants to start planting beans and corn to sell taking advantage of the weather and the usual seasonal demand. He needs a ₡500,000 (five-hundred thousand Colones) loan to buy manure and insecticide needed for growing these grains. He wants to increase production to help improve his family’s quality of life this way.
Dionisio vive en Puntarenas. Es una persona con experiencia en la agricultura y ama lo que hace.
El tiene su propia finca, y desea empezar a sembrar frijoles y maíz para la venta, aprovechando el clima y la demanda propia de época. Para eso el desea un préstamo de ₡500 000 (quinientos mil colones) para la compra de abonos y Insecticidas, necesarios para la producción de estos granos.
El desea aumentar su producción y así mejorar la calidad de vida de su familia.
Previous Loan DetailsDionisio lives in Pérez Zeledón, specifically the community of Pilas. He is an experienced farmer who enjoys his job. Dionisio has his own farm and wants to begin planting beans and corn to sell. He hopes to take advantage of the weather and the demand that exists for this season. For th... More from Dionisio's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid
- Repayment Term
- 15 months (Additional Information)
- Repayment Schedule
- Oct 28, 2012
- Oct 19, 2012
- Currency Exchange Loss:
- Nov 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.