Check out some available loans that are similar to this one!
Albin
Albin N. A. is a 23 year old young man who lives with his parents in a rural community in Costa Rica called Mollejones de Platanares, Pérez Zeledón. Mollejones is located 150km south of the San José province, the capital of Costa Rica. It is 850m above sea level. Vegetables and coffee are grown here in addition to raising beef cattle and pigs.

Albin's family has been in the farming business his whole life, but from a very early age Albin's entrepreneurial spirit has been his motivation for wanting to have his own business. Three years ago, with his father's help, he opened his own internet café.

Albin is requesting a loan for 500,000 colones (Costa Rica's currency) to buy a multi functional printer that will allow him to expand his business and to meet the needs of the people in his community that have called his attention to the lack of this service.

Albin is a member of the Empresa de Crédito Comunal de Bancruce, one of the 100 EDESA member organizations in Costa Rica. This will be his first loan and he is sure that it will be very beneficial for his business. He hopes to continue as an active member of this communal bank.
View original language description ↓
Albin N. A. es un joven de 23 años de edad el cual vive con sus Padres en una comunidad rural de Costa Rica llamada Mollejones de Platanares, Pérez Zeledón. Mollejones es una comunidad ubicada a 150 kilómetros al sur de la Provincia de San José, la capital de Costa Rica. Se encuentra a 850 metros sobre el nivel del mar. Ahí se cultivan hortalizas, café y además se desarrollan otras actividades como la crianza de ganado de engorde y de cerdos.


La familia de Albin se ha dedicado toda su vida a la agricultura, pero desde muy joven su espíritu de emprendedor lo llevo a querer tener su propio negocio. Y ya hace 3 anos que monto con su padre su propio Café Internet. Este negocio le permite tener una fuente de ingreso y seguir sus estudios.

Por ahora Albin desea obtener un micro crédito por un monto de ¢500 000 (quinientos mil colones) para comprar una impresora Multifuncional que le permitirá expandir su negocio y abastecer las necesidades de la población de su comunidad, que le han mencionado la falta que hace este servicio.

Albin forma parte de la Empresa de Crédito Comunal de Bancruce una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y asegura que será de mucho beneficio para su negocio, y espera seguir participando más activamente con la empresa de crédito Comunal.

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
  • 33
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 519.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Albin to buy a multi functional printer.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2010
Listed
Jul 13, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2013