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Victoriano Reynolds
Victoriano is better known in his area by his second name, Reynolds. He is 68 and lives with his family in a village in the Hatillo district, an urban and residential zone. However, it has a lot of businesses, particularly in the commercial centers. Located there are many furniture stores, tortilla stores, bakeries, bookstores, auto shops and auto dealers, gas stations, dentists, pharmacies, doctors’ offices, bars, restaurants, stores and printers.

Some months ago Victoriano had as a project to make some changes in his house, but he hasn’t been able to accomplish them because he has had financial problems. That is, it is very difficult for him to do these projects with his own money.

That is the reason that Victoriano is requesting a loan of 325,000 (three hundred and twenty-five thousand colons) to buy construction materials for improving his home and giving his family a better quality of life.

Victoriano is a member of Hatillo communal bank, one of the 110 businesses that is part of EDESA in Costa Rica. He tells us that this is his second loan and he is very happy and appreciative with the bank for the help it has offered.
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Victoriano es más conocido en la zona el nombre de Reynolds, el cual es su segundo nombre, tiene 68 años y vive con su familia en una comunidad del distrito de Hatillo que es una zona urbana y residencial, sin embargo es objeto de una creciente actividad comercial, concentrada principalmente en los centros comerciales. Se ha ubicado gran cantidad de mueblerías, tortillerías, panaderías, librerías, talleres mecánicos y automotrices, gasolineras, dentisterías, farmacias, consultorios médicos, bares, restaurantes, tiendas e imprentas.

Desde hace unos meses que Victoriano tiene como proyecto, hacer unos cambios en su hogar, pero no ha podido ya que ha tenido problemas económicos, lo cual quiere decir que se le hace muy difícil realizar su proyecto por financiamiento propio.

Es por eso que Victoriano está solicitando un préstamo por el monto de 325,000.00 (trescientos veinticinco mil colones), para la compra de materiales de construcción para asi mejorar su hogar y darle una mejor calidad de vida a su familia.

Victoriano es socio de la Empresa de Crédito Comunal de Hatillo, una de las 110 empresas socios de EDESA en Costa Rica. Y nos indica que este es su segundo préstamo, lo cual lo tiene muy feliz y está muy agradecido con la Empresa por toda ayuda que le han brindado.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Costa Rica

  • $12,900
    Average annual income
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $4,719,900
    Funds lent in using Kiva
  • 509.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Victoriano Reynolds to improve his home.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 27, 2011
Oct 20, 2011
Currency Exchange Loss:
Feb 7, 2014