Betina Ugalde Suárez

Status: Paying Back

$1,050
Loan Request
Pre-Disbursed : Aug 27, 2009
Listed: Sep 1, 2009
Funded: Sep 6, 2009
11% repaid

About the Country

Country:Costa Rica
Avg Annual Income:$11,100
Currency:Costa Rica Colones (CRC)
Exchange Rate:583.1000 CRC = 1 USD


About the Loan

Location: Alajuela, Costa Rica   Repayment Term: 38 months
(more info)
Activity: Cattle   Repayment Schedule: Monthly
Loan Use: Compra de 4 vacas   Currency Exchange Loss: Possible
      Default Protection: Covered
Betina Ugalde Suárez es una señora de 54 años de edad, quien vive en una pequeña comunidad rural de Costa Rica llamada Cuatro Bocas de Upala, localizada en la Provincia de Alajuela. Ahí se desarrollan actividades como el comercio, ganadería de doble propósito (carne y leche) y agricultura.

Doña Lilliam es madre de 5 hijos pero ya todos son mayores de edad por lo tanto no viven con ella pero si la ayudan con diferentes gastos. Desde hace ya varios años doña Betina se dedica a la ganadería de doble propósito. Logra vender sus productos a los vecinos de su comunidad quienes se muestran muy satisfechos con la calidad de los productos que ofrece.

Doña Betina considera que gracias al progreso de este proyecto, ella y su familia han mejorado poco a poco sus condiciones de vida y ha logrado ser participe en el desarrollo de la comunidad, también comenta que desde que inicio con el negocio su autoestima ha mejorado mucho y ahora se siente muy capaz.

En estos momentos doña Betina desea obtener un microcrédito por ¢600,000 (seiscientos mil colones), para comprar 4 vacas y así poder incrementar la producción. Ella sabe que contar con mayor número de vacas más es un mayor sacrificio y demandará más trabajo. Sin embargo, el deseo de ser una microempresaria exitosa la motiva ha esforzarse con gran esmero y dedicación.

Doña Betina es socia de la Empresa de Crédito Comunal Bansuperafe; la cual está integrada solo por mujeres ya que se especializa en apoyar a mujeres no profesionales y jefas de hogar, es una de las 100 organizaciones socias de EDESA en Costa Rica. Este será su segundo préstamo y con él espera continuar creciendo a nivel personal y económico además de participar activamente en la organización de crédito en su comunidad.


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Journal entries for Betina Ugalde Suárez


Loan has been disbursed
 
Entrepreneur: Betina Ugalde Suárez
Location: Alajuela, Costa Rica

Thank you for your loan. It has been disbursed to Betina Ugalde Suárez by EDESA in Costa Rica. We are excited to watch this business grow. Over the 36 months of this loan, EDESA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Alajuela, Costa Rica
Sep 7, 2009
Comment on this entry

Update on Betina
 
Entrepreneur: Betina Ugalde Suárez
Location: Alajuela, Costa Rica

Betina met with me with the sweetest, warmest, most maternal demeanor. After discussing at length her loan and her involvement in the women-only Community Credit Enterprise (ECC), Bansuperafe, she spent an hour or so walking around town introducing me to the other women of the ECC.

With her loan of $1,050 Betina bought four young female cows, novillitas, that at 9 months old will begin producing milk for both household consumption and to sell to neighbors. She says it’s quite simple to care for them; they eat bananas which are grown on the farm and otherwise just need to avoid fleas and parasites.

Betina is beyond appreciative of her local ECC. She says the group of women is a precious union of which to be a part, and that they work so well together. Living in an area where machismo is so present, Betina confides that women generally feel stuck inside their homes, without the ability to leave as they wish. They mostly care for the house and children all day every day. The existence of the ECC, run by the women members, “nos da algo de vivir,” gives them something to live for. “Ya uno está superando,” or “Now we are surpassing limits, excelling as individuals.”

Needless to say, Betina loves being a part of a women only Community Credit Enterprise (ECC). Additionally she is grateful to have the Kiva program available to them as a fountain of resources.

See the picture of Betina and her grandson.

Please join EDESA's Lending Team to receive updates on the excellent work they are doing here in Costa Rica, read more about EDESA and their network of Community Credit Enterprises, and check in often to see any currently fundraising loans for entrepreneurs like Betina in Costa Rica.


Posted by Alana Solimeo from Alajuela, Costa Rica
Dec 1, 2009
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Kiva Help Repayment Schedule for Betina Ugalde Suárez

  Expected Repayments Actual Repayments Comments
November 2009 $22.56 $45.44 Repayment Received
December 2009 $22.88 $23.21 Repayment Received
January 2010 $23.20 $23.53 Repayment Received
February 2010 $23.54 $23.87 Repayment Received
March 2010 $23.86 Available Mar 1 Repayment Received
April 2010 $24.21 Available Apr 1  
May 2010 $24.55 Available May 1  
June 2010 $24.89 Available Jun 1  
July 2010 $25.25 Available Jul 1  
August 2010 $25.60 Available Aug 1  
September 2010 $25.97 Available Sep 1  
October 2010 $26.34 Available Oct 1  
November 2010 $26.71 Available Nov 1  
December 2010 $27.08 Available Dec 1  
January 2011 $27.47 Available Jan 1  
February 2011 $27.86 Available Feb 1  
March 2011 $28.26 Available Mar 1  
April 2011 $28.66 Available Apr 1  
May 2011 $29.06 Available May 1  
June 2011 $29.47 Available Jun 1  
July 2011 $29.89 Available Jul 1  
August 2011 $30.31 Available Aug 1  
September 2011 $30.75 Available Sep 1  
October 2011 $31.18 Available Oct 1  
November 2011 $31.62 Available Nov 1  
December 2011 $32.07 Available Dec 1  
January 2012 $32.52 Available Jan 1  
February 2012 $32.98 Available Feb 1  
March 2012 $33.45 Available Mar 1  
April 2012 $33.93 Available Apr 1  
May 2012 $34.40 Available May 1  
June 2012 $34.90 Available Jun 1  
July 2012 $35.38 Available Jul 1  
August 2012 $35.89 Available Aug 1  
September 2012 $36.40 Available Sep 1  
October 2012 $36.91 Available Oct 1