They are requesting a loan of 300,000 CRC to buy construction materials to expand their commercial location and to add more tables to make dough. This will help increase bread production as they are in need of more workspace.
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.
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Success!! The loan was 100% repaid