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Carlos Luis
Carlos Luis C. S. is a 62 year-old man who lives with his wife and his son in a community called Canalete, which is located in Upala in the Alajuela province. It is a semi-mountainous area where the economic activities are centered on agriculture, primarily in livestock. It is a community with a great potential for development and the establishment of small businesses, as much in agribusiness as in trade.

Carlos has worked in the transportation sector for more than 15 years. He drives around the community delivering merchandise with his truck. His working days are long and tiring, but he says that he is thankful that he can continue to advance and to support his family.

Owing to the many miles he has put on his truck, it has suffered different damages and is not in very good condition. Carlos needs a loan of ¢675,000 (six hundred seventy-five thousand colones) to repair the truck and to buy the parts for his vehicle, since he cannot work effectively with the truck in its current condition.

Carlos is a member of the Canalete communal bank, which is one of the 100 organizations that are part of EDESA in Costa Rica. This will be his first loan and with it he hopes to continue to grow both personally and economically and, in addition, to participate actively in the credit organization in his community.
View original language description ↓
Carlos Luis C. S. es un señor de 62 años de edad quien vive con su esposo y su hijo en una comunidad llamada Canalete localizada en Upala en la provincia de Alajuela, es un lugar semimontañoso y sus actividades económicas se centran en la agricultura y mayormente en la ganadería. Es una comunidad con una gran oportunidad de desarrollo y establecimiento de microempresas, tanto de agroindustria como comercio

Don Carlos tiene más de 15 años de dedicarse al transporte. Su labor es viajar alrededor de su comunidad entregando mercadería con su camión, sus jornadas de trabajos son muy largas y cansadas, pero dice que gracias a el puede salir a delante y mantener a su familia.

Debido a tanto desplazamiento en su camión, este ha sufrido diferentes daños y no está en muy buenas condiciones, por lo cual don Carlos requiere un préstamo de ¢675,000 (seiscientos setenta y cinco mil colones) para la reparación y compra de repuestos para su vehículo, ya que si no esta en condiciones apropiadas no puede realizar de forma efectiva su trabajo.

Don Carlos es soci de la Empresa de Crédito Comunal Canalete, una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y con él espera continuar creciendo a nivel personal y económico además de participar activamente en la organización de crédito en su comunidad.

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
  • 37
    View loans »
    Costa Rica Loans Fundraising
  • $4,443,750
    Funds lent in using Kiva
  • 562.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Carlos Luis to buy spare parts for his truck.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 13, 2010
Listed
Dec 19, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 22, 2013