David is a young entrepreneur who very skillfully manufactures all types of furniture. His excellent work has led to the growth of his clientele and of course demand for these items. He needs to buy materials like wood, paint, lacquer, tools and other items which is why he’s asking for a four-hundred thousand colones (¢400.000) loan to continue with this project which has been very well-received by his neighbors and customers in general.
David es un joven muy emprendedor y con mucha habilidad para fabricar muebles de todo tipo, su excelente trabajo ha hecho crecer su clientela y por supuesto la demanda de estos artículos, él necesita comprar materiales como madera, pintura, lacas, herramientas y otros artículos, por lo que solicita un crédito por cuatrocientos mil colones (¢400.000) para seguir con este proyecto que ha sido muy acogido por sus vecinos y clientes en general.
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.