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Ana Lisbeth
Ana Lisbeth is 43 years old. She is married and lives with her husband and five daughters in Desemparados, San Jose, in the central valley of Costa Rica.

This is Lisbeth’s second loan with Fundacion Mujer. Her first was for 1,000,000 colones over twenty-four months and was dispersed in 2003. Lisbeth owned a corner store but, unfortunately, she had to close down the project because three mini-supermarkets opened in close proximity to her small store. The competition was too much and she was crowded out of the market.

Not to be deterred by the breakdown of her first enterprise, Lisbeth has since opened a beauty salon named “Lisbet’s Salon”. She has two years of experience working in salons and so, five months ago, she decided to open her own business. For the last five months, she has been working hard to keep the salon profitable.

Business hours are from 10 a.m. to 7 p.m., Tuesday to Saturday. Lisbeth works alone in her salon and offers a range of services including manicures, pedicures, haircuts and hair extensions. In a good month she earns 400,000; in bad months 160,000. The loan officer that has been working with Lisbeth describes her as hardworking with a fighting spirit and a strong history of punctual repayments.The current loan will be used to invest in her new business.

Lisbeth is applying for this loan to reinforce her working capital. She will use the loan to invest in general activities conducive to the growth of her salon. This last year was hard on business but in January her products and services have become popular in her community.

Specifically, Lisbeth will use this loan to buy a swivel chair to replace her old one in an effort to provide better service to her clients. She will also use the loan to purchase various products necessary for hair alterations, manicures and pedicures. Lisbeth says her only obstacle is economic.

Additional Information

More information about this loan

In Costa Rica, funding for microfinance institutions is hard to come by, and many institutions find themselves having difficulty growing and reaching all the demand for loans that exist. Kiva works with Fundacion Mujer because it attends a very marginalized population in Costa Rica, with a specific focus on women. In addition to the loan, Fundacion Mujer provides specialized training programs for their borrowers on everything from computer classes to salon training. Because of the difficulty in obtaining capital in Costa Rica, Fundacion Mujer cannot serve all the women that need loans. Therefore Kiva plays a unique role in helping Fundacion Mujer grow its portfolio and reach borrowers it otherwise would not be able to.

About Fundacion Mujer:

Fundación Mujer is an organization specializing in the financial and personal development of female entrepreneurs in Costa Rica. They seek to reach underserved populations that may include indigenous communities, immigrants, refugees, victims of domestic violence or women living with HIV/AIDS. Fundación Mujer offers courses in both business and personal development, as well as training in concrete skills such as sewing and other crafts.

About Costa Rica

  • $12,900
    Average annual income
  • 43
    View loans »
    Costa Rica Loans Fundraising
  • $4,661,425
    Funds lent in using Kiva
  • 553.4
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Ana Lisbeth to buy beauty products and a swivel chair.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 22, 2010
Jan 19, 2010
Currency Exchange Loss:
May 3, 2011