Juan Bautista Del Carmen
For some time, Juan Bautista has owned a small business where he sells caps, hats and T-shirts. He started his business in 2003 and the outcome has been good since he has been very well received in his community and his earnings have helped him to move his family forward. Currently he has six machines for his business.
Nowadays, Juan Bautista would like to request a loan of 600,000 colones to purchase more materials, which he needs for his shop. With this sum he expects his small business to grow and begin to generate more income so he can improve his living conditions.
Juan Bautista is part of the “Empresa de Crédito Comunal de Bancruce” Communal Bank, one of the 150 member organizations of EDESA in Costa Rica. As a member, he has received a loan that has enabled him to grow as a small business man.
Desde hace algún tiempo Juan Bautista se dedica a su microempresa donde vende gorras, sombreros y camisetas. Inició este proyecto desde el año 2003 y los resultados han sido buenos, ya que ha tenido una gran aceptación en su comunidad y los ingresos que ha generado lo han ayudado a sacar adelante a su familia. Actualmente tiene seis maquinas para su negocio.
En estos momentos lo que desea Juan Bautista es solicitar un préstamo por ¢600,000 (seiscientos mil colones) para comprar más materiales para su taller, los cuales necesita para su proyecto. Con esto espera que su microempresa crezca y llegue a generar más ingresos para mejorar su condición de vida.
Juan Bautista forma parte de la Empresa de Crédito Comunal de Bancruce una de las 150 organizaciones socias de EDESA en Costa Rica. Como socio ha recibido un microcrédito que le han permitido crecer como microempresarios.
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.
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