Check out some available loans that are similar to this one!
Victorino
Victorino is 65 years old and lives with his wife and son in Fuente, province of Cartago. Here, the great Reventazón River is the main drainage system in the area, with volcanic and alluvial soil. Cartago is the population center, and agriculture and livestock are the main sources of income. Victorino has made a living doing soldering work inside and outside his community for a number of years, and the money he earns goes toward household expenses. Currently he is requesting a loan to purchase work tools so he can offer a better service to his customers and increase his income. Victorino is a member of Empresa de Crédito Comunal de Fuente Agrícola, one of the 150 member organizations of EDESA in Costa Rica.
View original language description ↓
Victorino es un señor de 65 años de edad, vive con su esposa y un hijo en la localidad de la Fuente, en la provincia de Cartago. Aquí destaca el gran río Reventazón que es el principal sistema de drenaje de la zona 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 Victorino se dedica a realizar trabajos de soldadura dentro y fuera de su comunidad, con los ingresos que recibe por este trabajo colabora con los gastos del hogar.
Actualmente Victorino está solicitando un micro crédito de ¢1.000.000 (un millón de colones) para comprar herramientas de trabajo. Con esto pretende ofrecer mejores servicios a sus clientes, y aumentar sus ingresos económicos.
Victorino es socio de la Empresa de Crédito Comunal de Fuente Agrícola, una de las 150 organizaciones socias de EDESA en Costa Rica.

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
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $3,984,850
    Funds lent in using Kiva
  • 498.9
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,025 helped Victorino to purchase a soldering machine.
76% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2012
Listed
Sep 5, 2012
Currency Exchange Loss:
Possible