She needs to buy a variety of fabrics in order to make clothing items, as well as accessories like thread, buttons, etc. For this reason, she is requesting a loan for one million colones (¢1.000.000).
She says that in obtaining these materials, she will be able to make more clothing and to further expand her market. She says that she will achieve this thanks to the communal financing that the communal loan organizations have offered her.
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