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Rolando
Rolando is a very hardworking man, who gets up very early every morning to distribute his milk and custard products in the communities nearby; however, he needs to expand his activity, and for this reason he is requesting a loan of one million (1,000,0000) colones to buy a vehicle in order to reach more distant communities where to sell his products. His friend will sell him the vehicle (car in the photo) to help him expand his business.
View original language description ↓
Don Rolando es un señor muy esforzado. todas las mañanas se levanta muy temprano para repartir sus productos de leche y natilla en los lugares cercanos, pero el necesita poder ampliar su negocio, por lo que solicita un préstamo de un millón (1.000.000) de colones para comprar un vehículo y así poder llegar mas largo y vender sus productos. El cual se lo venderá un amigo (carro en la foto) para ayudarle con su proyecto y expandir su negocio.

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.

Tags

About Costa Rica

  • $12,900
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 503.5
    Costa Rica Colones (CRC) = $1 USD
Expired
A loan of $2,000 helped Rolando to buy a vehicle.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2013
Listed
Jun 21, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 21, 2013