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Guillermo
Guillermo is 75 years old and lives with his family in a rural community of Costa Rica called San Gabriel, located in Yolillal, Upala in the province of Alajuela. It’s a relatively large rural community with a mountainous landscape in Costa Rica, Central America. His main business activities are grain agriculture and to a lesser degree livestock.

For a few months Guillermo has been a worker with ECC. He gets along very well with his neighbors who are very happy with the service he provides. In his particular case, Guillermo believes that thanks to the progress of this project, he and his family have improved their living conditions little by little and he has become influential in the development of his community.

Now Guillermo would like to get a micro-loan of ¢400.000 to buy computer equipment for his business. He would like to continue improving his family’s living conditions which motivates him to keep working with great vigor.

Guillermo is a member of Empresa de Crédito Comunal de San Gabrielm, one of the 150 EDESA organizations in Costa Rica. This will be his 8th loan, and he says with it he hopes he can continue growing as a small business owner and continue moving his business forward. He also says that thanks to this type of organization and methods of facilitated lending, he can dedicate more time to productive business activities.
View original language description ↓
Guillermo es un señor de 75 años de edad, quien vive con su familia en una comunidad rural de Costa Rica llamada San Gabriel, localizada en Yolillal, Upala en la provincia de Alajuela. Es una comunidad rural con una extensión relativamente grande, con topografía semi-montañosa ubicada en Costa Rica, Centroamérica. Sus actividades principales son la agricultura de granos básicos, y en menor escala a la ganadería.
Desde hace unos meses que Guillermo es trabajador de esta ECC. Se lleva muy bien con los vecinos de la zona, los cuales se muestran muy satisfechos con el servicio que se les ofrece. En su caso en particular, la demanda es mayor de lo que puede ofrecer actualmente. Guillermo considera que gracias al progreso de este proyecto, el y su familia han mejorado poco a poco sus condiciones de vida y ha logrado ser actores en el desarrollo de la comunidad. Actualmente Guillermo desea obtener un microcrédito por ¢400.000 (cuatrocientos mil colones), para comprar un equipo de cómputo para la empresa. El deseo es sacar adelante a su familia mejorando las condiciones de vida, lo motiva a esforzarse con gran esmero. Guillermo forma parte de la Empresa de Crédito Comunal de San Gabriel, una de las 150 organizaciones socias de EDESA en Costa Rica. Este será octavo crédito y dice que con el espera poder seguir creciendo como microempresario y sacar su negocio adelante. También destaca que gracias a este tipo de organizaciones y medios facilitadores de crédito puede dedicar más tiempo a las actividades productivas.

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
  • 497.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Guillermo to buy computer equipment for his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
Possible
Ended:
May 17, 2013