He needs a loan of one million Colones (1,000,000) in order to purchase two cows to produce milk. It is good for Elvis that he has access to loans within his community as it facilitates access to funding to locally and leads to improvements in his quality of life.
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
14View loans »
This loan has been fully funded!