Warner is a young, dedicated entrepreneur; he’s the father of two children and he is the only wage-earner in the family. He works making express deliveries for various local restaurants so he needs a motorcycle of his own since the one he’s been using is leased. In order to buy a motorcycle he needs five-hundred-and-fifty thousand colones (¢550.000). Warner will be able to provide his services to more commercial firms this way.
Warner es un joven emprendedor y esforzado es padre de dos niños, y el suyo es el único ingreso familiar, trabaja en servicio express en varios restaurantes locales, por lo que necesita tener motocicleta propia ya que la que está usando es alquilada, para comprar la motocicleta necesita quinientos cincuenta mil colones (¢550.000), de este modo Warner podrá ofrecer sus servicios en más lugares comerciales.
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.