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Álvaro is a very well-known member of the community of la Garita de Guanacaste.
Since he was a child, he dreamt of running his own upholstery workshop, and recently he has succeeded in making his dream come true: today, he is the owner of one of the most important companies of his community.
His upholstery workshop has been very successful, and for this reason he needs to expand his shop and improve his service even more. This is why he is requesting a loan of 500000 CRC to buy pieces of foam, fabric for armchairs, nails and other materials he needs for his shop.
He is very happy because he engages in this activity with his family, which allows him to spend more time with them.
Álvaro is a member of Empresa de Crédito Comunal La Garita, one of the 110 companies associated with EDESA in Costa Rica.
View original language description ↓
Álvaro es una persona muy conocida en la comunidad de la Garita de Guanacaste.
El tuvo un sueño desde niño y era tener su propio de negocio de tapicería. Hace poco logró alcanzar su sueño, y hoy es dueño de una de las empresas más importantes de la comunidad.
Su taller de tapicería ha sido un éxito y es por eso que necesita ampliar su negocio y a mejorar su servicio cada vez más. Es por eso que el solicita un préstamo de ₡500 000 (quinientos mil colones) para la compra de Esponjas, telas para sillones, clavos y demás materiales que necesita para su taller.
Esta feliz porque este negocio le ha permitido trabajar con la familia y pasar más tiempo con ellos.
Alvaro es socio de la Empresa de Crédito Comunal La Garita, una de las 110 empresas socias de EDESA en Costa Rica.

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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $4,715,325
    Funds lent in using Kiva
  • 495.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Alvaro to buy pieces of foam and fabric for armchairs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 30, 2011
May 30, 2011
Currency Exchange Loss:
Jan 19, 2013