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William
William P. is 32 years old, and wants to have his own lawn service company.

This is Canalate de Alajuela, a community characterized by the entrepreneurial spirit of its women, since there are a number of organizations led by them, as well as companies.

For a number of years, William has been cutting lawns in his community. Now his customer base is constantly increasing, and for this reason he needs 604,000 colones to buy a new brush cutter and to fix the equipment he already has.

He says that his goal is to create a company where he could have other people working and in this way provide service to more customers.

He is a member of the Canalete community bank, one of the 100 member organizations of EDESA in Costa Rica. This will be his second loan.
View original language description ↓
William P. tiene 32 años y quiere tener su propia compañía de “chapiadores” (Cortadores de césped).
Es el de Canalate de Alajuela, una comunidad caracterizada por el emprendurismo de sus mujeres ya que hay varias organizaciones lideradas por ellas así como empresas.
El tiene varios años de dedicarse a la corta de Césped de las en su comunidad, ahora los clientes son cada vez más, es porque él necesita ₡604 000 (Seiscientos Cuatro mil colones) para la compra de una desbrozadora nueva y para arreglar la que ya tiene. El dice que su meta es crear una sociedad donde pueda tener otras personas trabajando y así poder atender más clientes.
El es socio de la Empresa de Crédito Comunal Canalete, una de las 100 organizaciones socias de EDESA en Costa Rica .Este será su segundo crédito.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,168,700
    Funds lent in using Kiva
  • 506.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped William to buy a brush cutter.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 22, 2010
Listed
Nov 18, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013