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Esmeralda
Esmeralda Álvarez C., 73, lives in Palma de Puerto Jimenez, and is very well-known and loved by all her neighbors.

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.
View original language description ↓
Esmeralda Álvarez C. tiene 73 años vive en la Palma de Puerto Jimenez, es muy conocida y querida por todos sus vecinos
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.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 496.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Esmeralda to purchase parts for her sewing machines and materials for sewing, such as cloth and thread.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 4, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012