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Aurora
Aurora P. Montiel is a 23 year-old woman who lives with her grandmother in a community called Hernández in Los Chiles, in the Alajuela province. This is a community that is known for its mountainous areas and beautiful countryside; it is quite humid and is located along the highway that runs very close to the country’s northern border. Its main commercial activities are livestock production and farming, specifically staple grains, tubers and oranges.

Aurora has stood out because she has always been a very enterprising young person. A few years ago she started her own grocery store business (a small grocery store) selling basic products to her neighbors from her own home. With this business she has managed to have a profitable economic activity that helps her to improve her quality of life and support her grandmother, who has been her mother and father all of her life.

Currently she needs a loan of 654,000 Costa Rican colones to buy materials needed to expand her store, so that she can provide better service to her customers. She comments that the service that she provides is very important, since she has a lot of customers and so needs more space.
View original language description ↓
Aurora P. Montiel es una señora de 23 años de edad la cual vive con su abuelita en una comunidad llamada Hernández localizada en Los Chiles, provincia de Alajuela; está comunidad se destaca por ser una zona montañosa con grandes paisajes, presenta una gran humedad y además se encuentra sobre la carretera muy cerca de la frontera norte de nuestro país. Sus principales actividades económicas son la ganadería y la agricultura específicamente se da la siembra de granos básicos, tubérculos y naranja.

Aurora se ha destacado por ser siempre una joven muy emprendedora. Desde hace algunos años inicio su propio negocio una pulpería (tiendita de abarrotes) para vender productos básicos a sus vecinos en su propia casa; con este negocio ha logrado tener una actividad económica rentable que la ayuda a mejorar su calidad de vida y mantener a su abuela quien a sido su madre y padre toda la vida.

Actualmente ella necesita un préstamo por ¢654.000(seiscientos cincuenta y cuatro mil colones) para comprar los materiales necesarios para ampliar su local y así poderle brindar una mejor atención a sus clientes. Ella comenta que el servicio que ella brinda es muy importante ya que tienen muchos clientes y por eso necesita más espacio.

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

  • $11,100
    Average annual income
  • 62
    View loans »
    Costa Rica Loans Fundraising
  • $4,316,600
    Funds lent in using Kiva
  • 551.1
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Aurora to buy merchandise and expand her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 4, 2010
Listed
May 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011