Nubia is a 47-year-old woman. She has a grocery store, with which she supplies her neighbors' needs with regard to food and other products of daily use. Her shop is well-visited by people living nearby. For this reason, she would like to provide them with excellent service and offer them a variety of items. Thus, she is requesting seven hundred thousand colones (¢700.000) as working capital. With these funds she will buy products from wholesalers, and she will be able to sell them in her store. In addition to generating a better income, she will keep her customers satisfied.
Nubia es una señora de 47 años de edad,tiene una tienda de abarrotes con la que suple las necesidades de sus vecinos en cuanto a alimentos y otros productos de uso diario, su tienda es muy visitada por las personas vecinas del lugar, por esta razón ella quiere brindarles un excelente servicio y ofrecerles variedad de artículos, por ello está solicitando setecientos mil colones (¢700.000) para capita de trabajo, con este dinero comprará productos a mayoristas y los podrá vender en su local comercial, además generará mayores ingresos y mantendrá su clientela satisfecha .
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.