Check out some available loans that are similar to this one!
Mario Gerardo
Gerardo, 48, lives with his family in Osa, a canton in the Costa Rican province of Puntarenas. It's a largely rural area, much visited for its beaches, and the most important industries here are tourism and farming.

Gerardo works hard for his family and he can count on their support. He operates a taxi business and there's a strong demand for the service he provides because he's a hard worker.

Gerardo will use this 600,000 (six-hundred thousand) colones loan to pay for repairs and buy spare parts for his taxi. The investment will allow him to ensure that the taxi is properly maintained.

Gerardo is a member of the Cana Blancal community bank, one of 150 organizations that belong to the EDESA network in Costa Rica. This loan will help him to grow personally and economically. He wants to emphasize, as well, that loans such as this one allow him to spend more time earning a living.
View original language description ↓
Gerardo es un señor de 48 años de edad el cual vive con su familia, en una comunidad llamada Osa, localizada en Caña Blancal esto en la provincia de Puntarenas. Está comunidad se destaca por ser una zona rural muy visitada por sus playas. Sus principales actividades económicas son las turísticas y agropecuarias.

El tiene la motivación y la ayuda de sus familiares, lo cual le facilita seguir con su vida. Además le es muy importante arreglar este medio de transporte, ya que la demanda es cada vez más fuerte y los vecinos de la comunidad se han sentido satisfechos con el servicio brindado, ya que Randall un gran trabajador.

Lo que en estos momentos solicita Gerardo es un micro crédito de ¢600,000(seiscientos mil colones), para comprar repuestos y reparar su automovil, para movilizarse a su trabajo todos los días, y para dar el mejor mantenimiento y asistencia posible a su proyecto.

Gerardo es socio de la Empresa de Crédito Comunal de Caña Blancal, una de las 150 organizaciones socias de EDESA en Costa Rica. Con este préstamo se espera crecer más a nivel personal y económico. 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
  • $4,443,750
    Funds lent in using Kiva
  • 501.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mario Gerardo to repair his vehicle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 13, 2012
Listed
Dec 29, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 30, 2014