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Edic
Eddy is a 64-year-old gentleman who lives with his family in a community called Rincón Grande de Pavas, in San José province, the capital of Costa Rica. This area has a wide range of hotels and offers tourists museums, restaurants, parks, conference centers, modern shopping malls, cinemas, theatres, art galleries and a lot of nightlife.

Some of the main cultural attractions are the National Theatre, which is located in Plaza de la Cultura and was opened in 1897; the Gold Museum; the Museum of Art and Contemporary Design; and the Children's Museum. Some of the famous festivals and celebrations of San José are those held at the beginning and end of each year: the Light Festival in December and the National Exposition of Orchids in March.

Eddy works as a taxi driver but he rents the car he uses. He would now like to buy a car so that he can continue working in the same business but make more income by working with his own taxi.

For this reason, Eddy is requesting a loan for 500,000 colones to buy a car. This will improve his own quality of life and also that of his family.

Eddy is a member of Rincón Grande Community Loan Company Ltd. and this will be his second loan. He is very grateful for the opportunities that he has had to access loans so that he can carry out the projects that he has planned.
View original language description ↓
Eddy es un señor de 64 años de edad, vive con su familia en una comunidad llamada Rincón Grande de Pavas, en la provincia de San Jose, capital de Costa Rica. En esta zona cuenta con una amplia gama de hoteles y le ofrece al turista museos, restaurantes, parques, centros de conferencias, modernos centros comerciales, cines, teatros, galerías y mucha y variada diversión nocturna.

Dentro de las principales atracciones culturales se encuentra el Teatro Nacional, situado en la Plaza de la Cultura e inaugurado en 1897, el Museo del Oro, el Museo de Arte y Diseño Contemporáneo y el Museo de los Niños. Algunas de las más famosas fiestas y celebraciones de la provincia de San José son las fiestas populares de fin y principio de cada año, el Festival de La Luz, en el mes de diciembre y la exposición nacional de orquídeas, en el mes de marzo.

Eddy trabaja como taxista pero con un carro alquilado,y ahora quiere comprar un automóvil para seguir trabajando en el mismo negocio pero con la posibilidad de obtener mayores ingresos al tener su propio taxi.
Es por esto que Eddy está solicitando el monto de quinientos mil colones (¢500.000) para la compra del automóvil, ya que de esta forma estará mejorando bastante la calidad de vida propia y la de su familia.
Eddy es miembro de la Empresa de Crédito Comunal de Rincón Grande S.A, este será su segundo préstamo razón por la cual está muy agradecido por las oportunidades de acceso al crédito que se le brinda y de esta forma poder llevar a cabo los proyectos que planea.

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

  • $11,100
    Average annual income
  • 15
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 509.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Edic to buy a car to use as a taxi.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 26, 2012
Listed
Mar 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013