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Manuel
My name is Manuel, and I'm a 42 year old Costa Rican. I live in the province of Heredia, and have two teenage children. I work as an independent electrician. I have formed my own company and little by little have grown my client base, but I need electrian's tools in order to provide my clients with better service. I am applying for a loan of 550,000 colones; with this loan I will buy a soldering machine and other tools that I need to do efficient and high quality work.

With my income I provide for my family and pay for my children's education. My dream is to grow my business and be able to employ other people. I am very thankful to God for this loan opportunity because it is fast and its terms are not difficult to fulfill.
View original language description ↓
Mi nombre es Manuel, soy un costarricense de 42 años de edad, vivo en la provincia de Heredia, padre de dos adolescentes, trabajo independiente como electricista, he formado mi propia empresa, poco a poco he ido aumentando mi clientela, pero necesito equipo de trabajo ( herramientas para electricista) con el fin de brindar un mejor servicio a mis clientes, estoy solicitando quinientos cincuenta mil colones (₡ 550.000) , con este préstamo compraré una máquina para soldar y otras herramientas que necesito para realizar mi trabajo con calidad y eficiencia.
Con mi ingreso económico llevo el sustento a mi hogar y pago la educación de mis hijos, mi sueño es ver crecer mi empresa y beneficiar a otros con empleo . Estoy muy agradecido con Dios por esta oportunidad de crédito rápido y sin requisitos difíciles de cumplir.

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
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,164,125
    Funds lent in using Kiva
  • 499.5
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Manuel purchase a soldering machine and other tools for electricians.
99% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 18, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 31, 2014