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Rafael
Rafael's the father of a family. He works 15 kilometers from his house. On the weekend he works as a messenger in the business districts in his province, for which he uses a borrowed motorcycle.

He needs to increase his income because his salary is the only money coming into the household. He'll also use the motorcycle to get to work because it's quite far from where he lives.

He's requesting 800,000 colones [CRC] to acquire a means of transportation.
View original language description ↓
Rafael es padre de familia y trabaja a 15 kilómetros de su casa, los fines de semana se dedica a ofrecer sus servicios como mensajero en los centros comerciales de su provincia,para lo cual usa una motocicleta prestada, ya que necesita aumentar sus ingresos pues su salario es la única entrada económica en su hogar, también usará la motocicleta para trasladarse al trabajo, ya que le queda bastante lejos del lugar donde vive. Solicita ochocientos mil colones (¢800.000) para adquirir dicho medio de transporte.

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
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $3,973,175
    Funds lent in using Kiva
  • 498.0
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,625 helped Rafael to buy a vehicle for work.
41% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 20, 2013
Listed
Aug 14, 2013
Currency Exchange Loss:
Possible