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Olga Lucia M. is a hardworking businesswoman. Although alone, she has managed to help her children get ahead. She now wants to expand her small business selling imported clothing which she began a short while ago. It’s been very successful, but she now needs a loan to open a small store inside her house and buy more merchandise.

Olga is asking for 594,000 colones to buy construction material and merchandise. In the future she would like to import clothing directly from the USA. She is a member of the San Francisco de la Palmera community bank, one of the 100 businesses which are members of EDESA.
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Olga Lucia M. es una gran emprendedora, ha logrado sacar a sus hijos adelante por si sola, y quiere crecer como microempresaria.
Hace poco inicio su negocio de ropa de marca importada, hasta el momento le ha ido muy bien pero necesita un préstamo para abrir un tienda pequeña dentro de su casa, y también para comprar más mercadería. Por eso necesita un préstamo de ₡594 000 ( quinientos noventa y cuatro mil colones) para la compra de los materiales y de mas mercadería. En el futuro le gustaría poder importar ropa con alguien directamente desde USA.
Ella es socia de la empresa de crédito comunal San Francisco de la Palmera, una de las 100 empresas socias de EDESA .

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

  • $12,900
    Average annual income
  • 3
    View loans »
    Costa Rica Loans Fundraising
  • $4,820,575
    Funds lent in using Kiva
  • 497.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Olga to buy construction material and imported clothing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Mar 18, 2011
Mar 18, 2011
Currency Exchange Loss:
Apr 19, 2013