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Luis
Luis is a determined gentleman. At a young age he began working with his father, who gave him the tools he needed to work independently. This loan of 1,000,000 CRC will help him to increase his sale of cheese so that he can obtain more income. His business has an important impact since it is the means by which his dreams can become reality.


In the future, he hopes to have more cattle to raise so that he can produce more, thus enabling him to improve his quality of life.

View original language description ↓
Luis es un hombre de esforzado que desde pequeño trabajo con su papa, el cual le dio las herramientas para trabajar independientemente. Este prestamo de un millón de colones (¢1.000.000) le ayudara a aumentar la venta de queso para obtener mayores ingresos. Para el la empresa ha sido un impacto importante, un canal por el cual sus sueños se pueden hacer realidad.
Para el futuro espera poder tener mas crias y hacerlas producir para mejorar su calidad de vida.

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
  • 12
    View loans »
    Costa Rica Loans Fundraising
  • $4,059,650
    Funds lent in using Kiva
  • 498.7
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,025 helped Luis to purchase dairy cattle and to pay for their care.
73% repaid
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 28, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
Possible