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Grace
Grace is a female head of household. She has always supported her daughters and now she wants to have her own business. She needs a loan of 1,000,000 colones to purchase merchandise like clothing and shoes to sell in the community. With this, she will be able to have her own business and give her family a better quality of life.
View original language description ↓
Doña Grace es madre de familia, ella siempre ha sacado adelante a sus hijas. ahora quiere tener su negocio propio, por lo que necesita de un préstamo de un millón de colones (1.000.000) para comprar mercadería como ropa y zapatos para vender en la comunidad. con esto pretende tener su negocio propio y así darle una mejor calidad de vida a su familia.

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

  • $11,100
    Average annual income
  • 16
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 504.1
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,000 helped Grace to purchase clothing to sell.
71% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible