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Luis Guillermo
Luis is a 21-year-old gentleman who lives with his family in a community called San Francisco de La Palma, which is located in San Carlos in Alajuela Province. This rural community has great potential for development since there are already existing businesses tied to agriculture, such as raising cattle, and available community services. There is also opportunity for small retailers, microenterprises, and other ventures.

Luis recently had to delay the construction of his home because he does not have enough money to continue. At the moment, he is requesting a microloan in the amount of 600,000 CRC in order to buy more wood and materials to finish the construction of his house so that he can live in it and have a decent and peaceful life.

With this investment, he hopes that his family will have stability. All of this assistance will improve his living conditions so that Luis and his loved ones can move forward and grow as a family.

Luis is a member of the Communal Credit Enterprise of San Francisco de La Palma, one of the 110 member organizations that make up EDESA in Costa Rica. This will be his first loan and he hopes to continue growing on a personal and financial level. In addition, he will be an active participant in his local credit organization.

View original language description ↓
Luis es un señor de 21 años de edad, quien vive con su familia en una comunidad llamada San Francisco de la Palmera, localizada en San Carlos, en la provincia de Alajuela. Esta comunidad rural presenta mucho potencial de desarrollo, ya que a través de las actividades agrícolas es que ha logrado desarrollar actividades conexas y de servicios en la comunidad, tales como el ganado de engorde y la oportunidad de pequeños comercios y microempresas entre otros.

Hace poco Luis tuvo que detener la construcción de su vivienda, ya que no tenía suficiente dinero para seguir.
Actualmente Luis está solicitando un microcrédito de ¢600,000 (seiscientos mil colones) para la compra de más madera y materiales para finalizar la construcción de su hogar, habitar en la misma y poder tener una vida digna y tranquila.

Con esta inversión espera que su familia viva estable. Todo esto ayudará a mejorar sus condiciones de vida y así poder seguir adelante y superarse como familia.

Luis es socia de la Empresa de Crédito Comunal San Francisco de la Palmera, una de las 110 organizaciones socias de EDESA en Costa Rica. Este será su primer préstamo y con él espera continuar creciendo a nivel personal y económico, además de participar activamente en la organización de crédito en su comunidad.

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 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.

About Costa Rica

  • $12,900
    Average annual income
  • 48
    View loans »
    Costa Rica Loans Fundraising
  • $4,673,875
    Funds lent in using Kiva
  • 500.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Luis Guillermo to purchase construction materials for finishing his house.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 22, 2011
Sep 21, 2011
Currency Exchange Loss:
Oct 17, 2013