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Olga
Doña Olga is a successful saleswoman from the rural community of La Palma in Puerto Jimenez. She sells personal products by catalog such as perfumes, cosmetics, and undergarments for both men and women. Olga needs a loan of 350,000 CRC to establish her own operating capital so that she can grow her business without having to depend on other loans. She wants to improve her business so that she can pay for her children’s studies since they are entering the university.


Olga is a member of Raíces Capitales Communal Credit Enterprise, S.A., one of 110 member organizations that make up EDESA in Costa Rica.

View original language description ↓
Olga liliam M. Jimenez
Doña Olga es una excelente vendedora, de la comunidad rural de la Palma de Puerto Jimenez.
Ella se dedica a la venta por catalogo de artículos personales tales como perfumes, cosméticos y ropa intima tanto de hombre como de mujer. Es por eso que ella necesita un préstamo de ₡350 000 (trescientos cincuenta mil colones) para establecer su propio capital de trabajo que le permita hacer que el negocio crezca sin depender de los prestamos.
Ella quiere mejorar su negocio ya que sus hijos van a entrar a la universidad, y necesita pagar sus estudios,
Ella es socia de la Empresa de Crédito Comunal Raíces Capitales S.A, una de las 110 organizaciones socias de EDESA en Costa Rica.

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
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,116,400
    Funds lent in using Kiva
  • 494.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Olga operating capital to buy inventory.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013