For several months now, he has not been able to sleep peacefully, as the roof of his house is in very poor condition. His earnings are barely enough to cover his daily expenses and support his family. This is why he needs a loan of 300,000 Costa Rican Colones (CRC) to buy zinc sheets for the roof and other necessary materials.
Basilio hopes to improve his quality of life in order to continue producing for his family.
He is a member of Empresa de Crédito Apoyo Comunal Ostional, one of EDESA’s 110 member organizations in Costa Rica.
Desde hace varios meses no ha podido dormir con tranquilidad ya que el techo de su casa se encuentra en muy mal estado. Sus ganancias apenas le alcanzan para su diario vivir y para mantener su familia, es por eso que el necesita un préstamo de ₡300 000 (trescientos mil colones) para la compra de Zinc para el techo y otros materiales necesarios.
Don Basilio espera mejor su calidad de vida para seguir produciendo para su familia.
El es socio de la Empresa de Crédito Apoyo Comunal Ostional, una de las 110 Empresa 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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