Juan Carlos has a grocery store that is frequented by the neighbors in the area. There he offers his products. Since there is more demand for everyday consumer products, Juan Carlos is requesting a loan in the amount of 560,000 CRC so that he can restock his grocery store and acquire other goods in order to provide better service to his customers.
Juan Carlos tiene una tienda de abarrotes muy visitada por los vecinos del lugar, a los cuales les ofrece sus productos, la exigencia de más artículos necesarios para el consumo diario ha hecho que Juan Carlos solicite un préstamo por quinientos sesenta mil colones (¢560.000) para surtir su negocio de abarrotes y otros artículos y de esta manera brindar un mejor servicio a su clientela.
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.