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Rosibel
Rosibel, 40, lives with her family in La Fuente, in Cartago province. The main water run-off system in this area is the Reventazon River, which starts up in the Cuericí mountain. Because of the fertility of its land, due to its volcanoes and floodplains, Cartago is a town where agriculture and livestock production are the main economic activities.

Rosibel has been selling clothing for a number of years. She started out as an intermediary selling merchandise from others, and gradually she has been making her own garments. But at this time, she lacks the money to make her business expand, which would benefit the neighbors in her community. So Rosibel is requesting a small loan of 600,000 Costa Rican colones to invest in her business and buy more clothing, since the demand is strong. Her goal is to have a store in the future that she could fill with merchandise. This would allow Rosibel and her family to have a better quality of life.

Rosibel is a member of the "Fuente Agricola" communal bank, one of the 150 such organizations that are members of EDESA in Costa Rica. This will be her first loan, and with it she hopes to continue to grow, both at the personal and economic level. In addition, she expects to participate actively in the credit organization in her community.
View original language description ↓
Rosibel es una señora de 40 años de edad, el cual vive con su familia, en la Fuente, en la provincia de Cartago. El principal sistema de drenaje de esta zona es el río Reventazón que nace en el Cerro Cuericí. Por la fertilidad de sus suelos volcánicos y aluviales, Cartago es el centro de población que tiene en la agricultura y ganadería sus principales fuentes económicas.
Desde hace varios años que Rosibel se dedica a la venta de ropa, comenzó como intermediaria con mercadería ajena y poco a poco ha ido haciendo sus propias prendas. Pero en estos momentos, le falta lo principal para que su negocio surja y para que los vecinos de su comunidad se vean beneficiados.
Actualmente Rosibel está solicitando un micro crédito de ¢600.000 (seiscientos mil colones) para darle mantenimiento a dicho negocio y comprar más ropa para que haya un incremento, ya que la demanda es grande. Su meta es tener un local en un futuro, donde se pueda instalar bien con sus mercaderia y mejorar tanto su calidad de vida como la de su familia.

Rosibel es socia de la Empresa de Crédito Comunal de Fuente Agrícola, una de las 150 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 Costa Rica

  • $12,900
    Average annual income
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 503.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rosibel with her business selling clothing.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2012
Listed
Jan 22, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015