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Victor
Victor lives in the La Trinchera community, and he is a very enterprising person. Not long ago he decided to start a business with a friend of his, who works with wood. They now make furniture.

However, at this time he does not have all of the necessary tools. That is why he needs a loan for ₡500 000 (five hundred thousand colones) in order to buy these tools. He wishes to be able to start his business as soon as possible in order to improve his quality of life.

He is a member of Crédito Comunal de La Trinchera, one of the 110 organizations that have a partnership with EDESA in Costa Rica.
View original language description ↓
Victor vive en la comunidad de la trinchera el es una persona muy emprendedora.
Desde hace poco decidió empezar un negocio con un amigo suyo que trabaja con madera, ahora ellos se dedicaran a la confección de muebles. Pero en este momento el no tiene todas las herramientas necesarias, es por eso que necesita un préstamo de ₡500 000 (quinientos mil colones) para la compra de esas herramientas. El desea poder empezar su negocio lo más antes posible para mejorar su calidad de vida.
El es socio de la empresa de crédito Comunal de la Trinchera, 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
  • 22
    View loans »
    Costa Rica Loans Fundraising
  • $4,363,200
    Funds lent in using Kiva
  • 499.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Victor to buy tools.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013