Doña Esmeralda has worked making clothing all her life, continuing her business even at her age. Today she requests a loan of 500000 colones ($1025) to purchase parts for her sewing machines and materials for sewing such as cloth and thread. She is happy that she still can earn money for her family and her house. She's a member of the Raíces Capitales, S. A. communal bank, one of EDESA’s 110 social organizations in Costa Rica.
Dona Esmeralda se ha dedicado toda su vida a la confección de ropa, aun a su edad continúan con negocio y hoy está solicitando un préstamo de ₡500 000 (quinientos mil colones) para la compra de respuestas para sus maquinas de cocer y de materiales para la confección como telas e hilos.
Ella se siente feliz que todavía tiene la capacidad de generar dinero para familia y su casa.
Ella es socia de la Empresa de Crédito Comunal Raíces Capitales una de las 110 empresas socias de EDESA en Costa Rica.
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.
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