Víctor has been selling clothes house to house for two years. He visits house to house in different locations and has an important clientele that requests all types of clothes. This has caused demand for product to rise which is why Víctor needs to buy merchandise and why he’s requesting a five-hundred thousand colon loan (¢550.000).
Víctor se ha dedicado desde hace dos años a la venta de ropa a domicilio, él visita casa por casa en diferentes localidades, ya tiene una importante clientela que le solicitan prendas de todo tipo, esto ha hecho que la demanda del producto halla crecido, razón por la cual Víctor necesita comprar mercadería , para esto solicita un préstamo de quinientos cincuenta mil colones (¢550.000),
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.