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Ivannia and her family started their bakery project three years ago. Every year they have tried to improve the business and want to expand both their physical location and customer base. They also want to supply products to other businesses and street peddlars.

They are requesting a loan of 300,000 CRC to buy construction materials to expand their commercial location and to add more tables to make dough. This will help increase bread production as they are in need of more workspace.
View original language description ↓
Ivannia y su familia iniciaron hace tres años un proyecto de panadería el cual han tratado de mejorar y ampliar cada año, ellos quieren extenderse tanto en área física como en clientela, se proponen abastecer del producto a otros negocios y a panaderos ambulantes , para ello solicitan un crédito de trescientos mil colones(¢300.000) para comprar materiales de construcción y ampliar su local comercial y algunas mesas para amasar, lo que les ayudará a aumentar la producción de pan ya que dispondrán de más espacio para trabajar.

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
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,804,475
    Funds lent in using Kiva
  • 500.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ivannia to buy construction materials to expand her bakery.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 28, 2013
Mar 1, 2013
Currency Exchange Loss:
Jul 18, 2013