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Kaber
Kaber is a young entrepreneur who has a business making furniture. He has seen demand rise and as a result needs to increase is production in order to meet this rising demand. He needs to buy more raw materials for his business in order to offer a variety of products. As a result, he is asking for a loan of 1,000,000 Colones, in order to improve his production and have a better quality of life.
View original language description ↓
Kaber es un joven emprendedor. el tiene un negocio de fabricación de Tablillas para muebles. sin embargo el gran avance en el sector donde vive ha hecho que la demanda aumente, por lo que necesita comprar mas materia prima para hacer crecer el negocio y tener mayor variedad de productos. es por esto que solicita un préstamo de un millón de colones (1.000.000) para poder mejorar su producción y tener una mejor calidad de vida

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
  • 16
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 502.3
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,000 helped Kaber to buy materials to make furniture.
80% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 12, 2013
Listed
Jul 5, 2013
Currency Exchange Loss:
Possible