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Marcos
Marcos is a plumbing contractor. He needs a one-million colon loan which when added to what his savings of several years will be used to buy a car to get to and from work. For Marcos, this will mean a significant reduction in the time it takes him to get to work and he will also be able to get to more distant locations to work since he’s currently unable to get too far because he has to transport his tools.
View original language description ↓
Marcos es un contratista de fontaneria. El necesita un prestamo de un millon de colones (1.000.000), que junto con lo que ha logrado ahorrar durante varios años, lo usara para comprar un automovil para transportarse a su trabajo.
Para marcos esto significara poder disminuir su tiempo de viajar al trabajo, ademas de poder ir a lugares mas lejanos a realizar su trabajo, ya que actualmente no puede ir a lugares lejanos ya que tiene que transportar herramientas.

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
  • 42
    View loans »
    Costa Rica Loans Fundraising
  • $4,436,225
    Funds lent in using Kiva
  • 498.8
    Costa Rica Colones (CRC) = $1 USD
Expired
A loan of $2,100 helped Marcos to buy a car.
Repayment Term
39 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Possible
Expired:
Dec 2, 2012