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Jun 6, 2016 2:20 EST

Costa Rica: A loan of $1,325 helps María Cecilia to buy a motorcycle to travel to her place of work.

iCrowdNewswire - Jun 6, 2016

María Cecilia

 

 

Borrower image

 

 

María Cecilia’s story

María Cecilia wants to be able to travel to work faster. For this reason she is seeking a loan for 700,000 colones in order to be able to buy a motorcycle and travel to work in a way that is faster and safer. By doing so she will improve her quality of life.

 

 

 

 

Translated from Spanish by Kiva volunteer Sarah Hartley View original language description

 

This loan is special because:

It impacts extremely marginalized people in Costa Rica.
 

 

Juan
Kiva staff

 

More 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.
 
 
 
Contact Information:

María Cecilia

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