But we also bring you the story of one beneficiary who benefited from the bike project, without even receiving a bicycle. Through our local partner FINCA Costa Rica we are improving the lives of small business owners and in turn entire communities. This micro-finance project works with communities to establish Community Credit Enterprises (ECC) that offer small business loans to its members. Those loans help develop local business such as cattle farming, agriculture, commerce, or services.
Diana and Celia
Celia Reyes is a single mother of two. The family lives in Upala where Celia has owned and operated a motorcycle repair shop for the last four years. Celia turned to her local ECC recently for a loan to grow her repair business.
Her loan of $1,800 will help her offer a wider range of services within the shop. She can now buy more spare parts for repairs as well as to sell to customers doing their own repairs. The increase in business could lead to hiring more mechanics improving their lives as well as her own.
Little Diana is very excited about her new baby blue Schwinn her family purchased from our last container that arrived this summer via Bikes for the World Charleston. She likes all the pink accents, especially the basket and streamers. She will now be able to ride with some of the other kids in her community who also just received or already had bikes.
Through our donated bikes, rural ECCs are able to raise funds for a general pot of money that can be used by members to augment or improve their businesses that serve the communities where they live. Members who purchase the refurbish bikes are also able to improve their own lives with more affordable, reliable transportation for school, work, or errands.
Find out how Maria used her loan to improve the lives of her sheep in our One Bike, Two Wheels series...