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Douglas
Douglas Ablerto C. R. wants to continue in the business that his mother started before she passed away three months ago.

His mother Rosibel started a business with the help of a first loan from the community bank named Raices Capitales. Now that is not here anymore Douglas wants to continue the business and expand it and to this end he requests a loan in the amount of 600 000 colones. With these funds he wants to purchase more grocery store items as inventory for his store and thereby improve his earnings.

He is a member of the community bank Raices Capitales, one of the 100 member organizations of Edesa in Costa Rica. It is located in Puerto Jimenez, one of the most exotic locales in the country.
View original language description ↓
Douglas Alberto C. R. quiere continuar con el negocio que su mama inicio antes de morir meses atrás .
Gracias a al primer préstamo de la empresa de Crédito Comunal Raíces Capitales otorgado Rosibel, la mama de Douglas ella inicio su propio negocio, una tienda de abarrotes donde vende todo tipo de productos para el Hogar.
Ahora que ella no está Douglas quiere seguir con el negocio y hacerlo más grande es por eso que el solicita un préstamo de ₡600 000 (seiscientos mil colones) para compra de mas suministros para su negocio y así mejorar sus ingresos.
El es socio de la el es socio de Raíces Capitales S.A, una de las 100 organizaciones socias de EDESA en Costa Rica, Ubicada en Puerto Jimenez una de las zonas más exóticas del país.

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
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,022,575
    Funds lent in using Kiva
  • 500.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Douglas to purchase merchandise for resale.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 25, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 25, 2012