Guillermo is 50 years old, and he currently engages in selling product by catalogue. He has already gained his own group of customers, and he aims at expanding his activity to other communities and at offering his products to more people. In order to achieve his goal he is requesting a loan of one million colones (¢1.000.000) to buy catalogue products such as lotions, perfumes, deodorant, and makeup. Guillermo says that thanks to this he will earn a better income that will help him improve his standard of living.
Guillermo es un señor de 50 años de edad, actualmente se dedica a vender productos por catálogo, ya ha formado su propia cartera de clientes, su objetivo es extenderse hacia otras comunidades y ofrecer sus productos a más personas, para lograrlo está solicitando un crédito por un millón de colones (¢1.000.000) para comprar productos de catálogo, como cremas, perfumes, desodorantes y demás productos de cosmetología, con esto nos comenta Guillermo obtendrá mayores ingresos que beneficiará su calidad de vida.
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.