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Jorge
Jose is from the community of Ostional, one of the most well-known in the country. Last year, he obtained a new job working for a company that promotes sustainable development in the region. Even though he is happy with his new job, Jose has had problems with transportation since the distance to work is very far. For this reason, he is requesting a loan of 350,000 CRC to purchase a motorcycle. This will help him save on expenses and allow him more time to spend with his family.


Jose is a member of the Ostional Communal Credit Enterprise, one of the 110 credit organizations that are part of EDESA in Costa Rica.

View original language description ↓
Jose es de la comunidad de Ostional, una de las comunidades mas conocidas en el país .
Desde este año el obtuvo un nuevo trabajo en una empresa que promueve el desarrollo sostenible de la región. A pesar de que esta muy ocntento con su nuevo trabajo, Jose ha tenido problemas con el transporte ya que es muy largo, es por eso que el solicita un préstamo de ₡350 000 (trescientos mil colones) para la compra de su moto. Esto le ahorra muchos gastos, y sobretodo tiempo que podrá aprovechar con su familia.
El socio de la empresa de Crédito Comunal de Ostional, una de las 110 empresas de crédito 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
  • 27
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 499.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Jorge to purchase a motorcycle.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 24, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013