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Norman
Norman is an enterprising, very hard-working young man. He has two children and his earnings are the only source of income for his household. For that reason he needs to buy a motorcycle. With it he'll provide courier services for several companies and work in fast food delivery for a few restaurants. Norman needs 1,040,000 colones in order to purchase the motorcycle and accomplish his goal. He adds that this loan will provide solutions in his life, both for himself and for his family.
View original language description ↓
Norman es un joven emprendedor, muy trabajador y padre de dos niños, su ingreso es la única entrada de dinero en el hogar, por esta razón necesita comprar una motocicleta con la cual hará servicios de mensajería en varias empresas y en algunos restaurantes laborará en la entrega de comida express, Norman necesita un millón cuarenta mil colones (¢1.040.000) para comprar la motocicleta y realizar su propósito. Agrega que este financiamiento viene a hacer en su vida una solución a nivel personal y familiar

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
  • 14
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 499.4
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,100 helped Norman to purchase a motorcycle.
58% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
Apr 24, 2013
Currency Exchange Loss:
Possible