For more than eight years, Eugenia has worked to make the dreams of many Costa Ricans possible by granting them a production loan. It worries her that she doesn't have a safe where she can keep her beneficiaries' loan guarantee documents. She needs to buy one as soon as possible. For this reason she is asking for a million Costa Rican colones exactly (¢1,000,000), as this is how much the safe costs. Eugenia states that she will feel much calmer and secure once she has bought this equipment, as these documents are currently in a minimum security file box.
Doña Eugenia trabaja desde hace más de ocho años haciendo posible los sueños de muchos costarricenses por medio del otorgamiento de crédito productivo, a ella le preocupa no tener una caja de seguridad donde custodiar los documentos de garantía de los beneficiarios, ella necesita comprarla lo antes posible, razón por la cual está solicitando un millón de colones exactos (¢1.000.000) ya que este es el costo de la misma. Eugenia manifiesta que al adquirir este equipo se sentirá más tranquila y segura, ya que por el momento estos documentos permanecen en un archivador de mínima seguridad .
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.