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Laura
Laura is a homemaker and is the mother of three children. She has a sewing workshop where she makes clothing items, like pajamas, blouses, sweaters, etc. There is a lot of demand for her products in both the local markets and in the other shops that sell her items.

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.
View original language description ↓
Laura es ama de casa, madre de tres niños, tiene un taller de costura en el cual confecciona prendas de vestir, como pijamas, blusas, sueters, etc. su proyecto tiene mucha demanda tanto en el mercado local como en otros comercios a los que ella les vende su producto. Necesita comprar variedad de telas para elaborar las prendas y otros accesorios como hilos, botones etc, para esto solicita un crédito por un millón de colones (¢1.000.000), manifiesta que al obtener este material podrá fabricar más prendas y expander más su mercado, manifiesta que esto lo logrará gracias al financiamiento comunal que le han ofrecido las empresas de crédito comunal.

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
  • 44
    View loans »
    Costa Rica Loans Fundraising
  • $4,191,025
    Funds lent in using Kiva
  • 500.1
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,000 helped Laura to buy fabric so that she can make clothing items, and accessories.
99% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
Possible
Ended:
May 28, 2015