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Update on Mario

Mario is a very hardworking man who works as a gardener in his local community. He has many customers and his goal is to provide good, satisfactory service to his customers. He needs a loan of ¢1.040.000 to buy a lawnmower and other useful tools for his work. Mario is grateful for the opportunity for financial support.
View original language description ↓
Mario es un señor muy trabajador y esforzado, se dedica a darle mantenimiento a los jardines de su comunidad, cuenta con una amplia clientela y su objetivo es brindar un buen y satisfactorio servicio a sus clientes, necesita un crédito por un millón cuarenta mil colones (¢1.040.000) con este dinero comprará una motoguaraña (máquina de cortar césped) y otras herramientas útiles y necesarias para el trabajo que realiza. Mario agradece la oprtunidad de financiamiento que se le brinda.

Previous Loan Details

Mario works at a rice processing plant and is the father of three children; all are students. His salary is the family’s only income. His oldest son is already attending the university but in order to continue with his higher education he needs to enroll in a new block of courses and this is wh... More from Mario's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Costa Rica

  • $12,900
    Average annual income
  • 9
    View loans »
    Costa Rica Loans Fundraising
  • $4,502,650
    Funds lent in using Kiva
  • 502.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,075 helped Mario to buy a lawnmower.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 22, 2013
Oct 26, 2013
Currency Exchange Loss:
May 28, 2015