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Mercedes
Mercedes P. B. is 51 years old. She lives with her husband and her daughter in a small town called Cartagena de Santa Cruz, Guanacaste. This town is known as the cradle of Costa Rican folklore. It is on a very hot plain where the principal economic activities are ranching and tourism, which has developed thanks to the area's proximity to the best beaches in the country.

Mercedes has always stood out for being very entrepreneurial. Starting when she was very young, she helped her family selling ice cream in the main parks of the community. Today she has her own business, selling shoes door to door. She buys and sells shoes door to door in her community.

She tells us that her business has gone quite well, but she needs to invest more in order for her business to grow and for her to realize her dream of having her own shoe store. For this reason she is requesting a loan of 500,000 (five hundred thousand Colones) to purchase more shoes so she can increase her sales and offer better variety to her customers.

Mercedes is a member of the Empresa de Crédito Comunal de Cartagena, one of the 100 member organizations of EDESA in Costa Rica. This will be her first loan. She is very happy that she has a new opportunity to achieve her dreams.
View original language description ↓
Mercedes P. B. e es una señora de 51 años que vive con su esposo y su hija en un pequeño pueblo llamado Cartagena de Santa Cruz, Guanacaste, esta ciudad es conocida como la cuna del folklore costarricense, es una planicie de clima muy cálido donde la principal actividad económica es la ganadería y el turismo que se ha desarrollo gracias a su cercanía a las mejores playas del país.

Doña Mercedes se ha destacado siempre por ser una mujer emprendedora, desde muy chiquita le ayuda a su familia vendiendo helados en los principales parques de la comunidad. Hoy ella tiene su propio negocio, una venta de zapatos a domicilio. Ella compra y vende zapatos casa por casa en su comunidad.
Asegura que le ha ido bastante bien, pero necesita invertir más para hacer su negocio crecer y así poder cumplir su sueño de tener su propia zapatería. Es por eso que Doña Mercedes necesita un préstamo de ¢500,000 (quinientos mil colones) para comprar más zapatos, y así aumentar sus ventas y ofrecerles mayor variedad a sus Clientes

Ella es socia de la Empresa de Crédito Comunal de Cartagena una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su primer crédito, y esta muy feliz de que tiene una nueva esperanza de cumplir sus sueños.

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
  • 36
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    Funds lent in using Kiva
  • 506.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mercedes to purchase shoes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2010
Listed
Aug 22, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 25, 2011